AMSTERDAM : 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.Adjusted earnings before interest, taxes, depreciation and amortisation rose to 455 million euros from 396 million.
In a pre-earnings note, analysts from ING had put underlying sales at 2.12 billion euros and adjusted EBITDA at 456 million euros.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Thomson Reuters ups 2022 revenue forecast after Q1 beatNEW YORK :Thomson Reuters Corp raised its 2022 revenue forecast on Tuesday after beating first-quarter expectations on strong growth across its core legal, tax and accounting, and corporate businesses.The parent company of Reuters News said that while the first quarter gave it more confidence in its financial
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Armenia police detain 200 protesters as opposition ups pressure on PMstraits_times Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles
Source: STForeignDesk - 🏆 4. / 71 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong Q1 GDP shrinks more than expected on COVID-19 curbsHONG KONG: Hong Kong\u0027s economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID-19 that has battered business, led to an exodus of people and overshadowed the outlook for growth. The financial centre\u0027s economy shrank 4 per cent\u0026nb
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »