Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2020
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Warner Music Group Corp. (WMG) Misses Q4 EPS by 6c, Revenues Beat
November 23, 2020 7:33 AM ESTWarner Music Group Corp. (NASDAQ: WMG) reported Q4 EPS of $0.00, $0.06 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.
For the three months ended September 30, 2020
Total revenue was up 0.2% or down 1.1% in constant currencyNet income was $1 million versus $91 million in the prior-year quarterOIBDA increased 63% to $155 million versus $95 million in the prior-year quarterAdjusted... More