Outfront Media Inc. (NYSE:OUT) Q4 2023 Earnings Call Transcript February 21, 2024 Outfront Media Inc. misses on earnings expectations. Reported EPS is $0.4 EPS, expectations were $0.64. OUT isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, and welcome to the […]
Warner Music Group Corp. (NASDAQ:WMG) Q1 2024 Earnings Call Transcript February 8, 2024 Warner Music Group Corp isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to Warner Music Group’s First Quarter Earnings Call for the period ended December 31, […]
SONY MUSIC sales rose 16% year-over-year to ¥358.2 billion in Fiscal 2023 first quarter, credited to increased revenues from paid subscription streaming services (up 12% for recorded music to ¥164.9 billion and up 18% for music publishing to ¥41.6 billion) and the impact of foreign exchange rates.Operating income grew from ¥61 billion to ¥73.4 billion, while Adjusted OIBDA increased from ¥74.7 billion to ¥82.9 billion.The company projects a 6% increase for FY2023 .
WARNER MUSIC GROUP CORP. fiscal third quarter 2023 total revenue rose 9% year-over-year to $1.6 billion, with recorded music revenue up 8% to $1.3 billion (including streaming revenue up by 6.3%), music publishing up 16% to $283 million (including streaming revenue up 27%), and digital revenue up 9% to $1 billion. Net income fell 1% to $124 million (23 cents/basic and diluted share), with OIBDA up 18% to $275 million.“Our Q3 results were driven by a wide diversity of music, and our .