Warner Music Group's Mixed Q3 Earnings: Strong Revenue, Dip in Profit

Warner Music Groups Q3 earnings for 2025 surged past Wall Streets predictions, with revenue reaching $1.87 billion, a 14.6% increase from last year. Despite this, GAAP profit per share fell short of expectations, reporting $0.21 per share, a 38.7% decrease from forecasts. The CEO, Robert Kyncl, attributed this to market share gains and the popularity of their artists. The recorded music segment and music publishing revenue both saw growth, but the stock remained flat at $30.60 post-announcement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.