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Mar 31, 2022
WMG Q2 2022 Earnings Report
Reported double-digit revenue growth, highlighting strong fundamentals and healthy streaming performance.
Key Takeaways
Warner Music Group reported a 10% increase in total revenue, driven by growth in digital revenue and strong performance in both Recorded Music and Music Publishing. Net income was $92 million, while OIBDA increased to $255 million.
Total revenue grew by 10%, or 13% in constant currency.
Digital revenue grew by 8%, or 11% in constant currency.
OIBDA increased by 12% to $255 million.
Music Publishing revenue experienced double-digit growth and margin improvement.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Warner Music Group did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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