Earnings ·
Warner Music Group Corp. reported third-quarter results for the period ended June 30, 2026, with total revenue…
WMGWarner Music Group Corp.
Warner Music Group Corp. reported third-quarter results for the period ended June 30, 2026, with total revenue increasing 10% to $1.864 billion and net income rising to $200 million from a loss of $16 million in the prior-year quarter. Operating income surged 80% to $305 million, while Adjusted OIBDA grew 16% to $433 million. The company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share on Class A and Class B Common Stock, payable September 1, 2026, to stockholders of record as of August 20, 2026. Warner Music Group operates in the music industry, managing recorded music labels and music publishing rights.