简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:By Toby Sterling AMSTERDAM (Reuters) – Universal Music Group, the largest recording label, on Tuesday reported better-than-expected first quarter revenue driven by subscription and streaming income while meeting core earnings expectations.
By Toby Sterling
AMSTERDAM Reuters – Universal Music Group, the largest recording label, on Tuesday reported betterthanexpected first quarter revenue driven by subscription and streaming income while meeting core earnings expectations.
Revenue rose to 2.20 billion euros 2.32 billion from 1.81 billion a year earlier.
Adjusted earnings before interest, taxes, depreciation and amortisation EBITDA rose to 455 million euros from 396 million.
In a preearnings note, analysts from ING had put underlying sales at 2.12 billion euros and adjusted EBITDA at 456 million euros.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.