Warner Music Group Corp. Reports Results for Fiscal Third Quarter Ended June 30, 2024
WMGWarner Music(WMG) Newsfilter·2024-08-07 19:30

Financial Highlights Strong Recorded Music Subscription Streaming Growth Underpinned by a Robust Slate and Healthy Industry Trends Continued Momentum in Music Publishing Led by Strength in Digital and PerformanceStrong Margin Expansion and Double-Digit Growth in Operating and Free Cash Flow Reflect Solid Underlying Performance and Disciplined Cost ManagementReiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended June 30, 2024 Total revenue decreased 1%, or increas ...