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2023-06-08 14:12:51 ET Summary No one can know what will happen to the music industry and Warner Music Group Corp. with the proliferation of generative AI tools. What is likely is that record companies will get money from platforms that train AI on their music. That's fine. Wh...
2023-05-25 14:39:06 ET Summary Spotify is the preeminent digital service provider as evidenced by its ubiquity, user engagement, and best-in-class product. Spotify has 4 untapped tailwinds, which should significantly increase its revenue in the next 5 years. As Spotify transit...
NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Eric Levin, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan 51 st ...
2023-05-13 02:59:03 ET Warner Music Group Corp. (WMG) Q2 2023 Earnings Conference Call May 09, 2023, 08:30 PM ET Company Participants Kareem Chin - Head of IR Robert Kyncl - CEO Eric Levin - CFO Conference Call Participants Michael Morris - Guggenheim...
2023-05-09 18:30:42 ET Image source: The Motley Fool. Warner Music Group (NASDAQ: WMG) Q2 2023 Earnings Call May 09, 2023 , 8:30 a.m. ET Operator Continue reading For further details see: Warner Music Group (WMG) Q2 2023 Earnings Call Tra...
2023-05-09 17:46:06 ET Concerns about the U.S. debt ceiling negotiations contributed to a modest stock decline on Tuesday. Investors also expressed caution ahead of key inflation data due out the following day. Focusing on individual movers, Novavax ( NVAX ) surged on a collection o...
2023-05-09 15:24:36 ET Warner Music Group (NASDAQ: WMG) investors lost ground to the market on Tuesday. The music streaming specialist's stock was down 11% as of 3 p.m. ET compared to a 0.2% dip in the S&P 500 . Warner Music shares have had a rough 2023 to date, falling 27% ...
2023-05-09 07:39:42 ET Warner Music press release ( NASDAQ: WMG ): Q2 GAAP EPS of $0.06 misses by $0.12 . Revenue of $1.4B (+1.4% Y/Y) beats by $40M . Digital revenue increased 1% or 4% in constant currency OIBDA decreased 19% to $207 million versus $255 mi...
Financial Highlights Underlying Growth in Recorded Music Streaming Revenue Despite a Challenged Macroeconomic Environment Continued Momentum in Music Publishing Drives Double-Digit Revenue Growth Adjusted OIBDA Growth and Margin Improvement Underpinned by Financial Dis...
2023-05-08 13:30:21 ET Warner Music ( NASDAQ: WMG ) is scheduled to announce Q2 earnings results on Tuesday, May 9th, before market open. The consensus EPS Estimate is $0.22 (+22.2% Y/Y) and the consensus Revenue Estimate is $1.37B (-0.7% Y/Y). Over the last 3 months, ...
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2024-07-05 14:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-25 16:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK , ...