Warner Music Q1 Growth Slows, EPS Dops Y-o-Y

Warner Music Q1 Growth Slows, EPS Dops Y-o-Y
Stock photo of data charts on paper. Lukas/Pexels
|Updated:

Warner Music Group Corp. reported second-quarter FY22 revenue growth of 10 percent year-on-year to $1.376 billion, missing the consensus of $1.38 billion.

Recorded Music revenue grew 8 percent Y/Y to $1.15 billion. Music Publishing increased 20 percent Y/Y to $230 million, and Digital grew 8 percent Y/Y to $931 billion.