Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Splunk (NASDAQ:SPLK) is the latest technology firm to announce layoffs, with plans to reduce ~4% of its global workforce, mostly in North America, as part of a reorganization to optimize its ...
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
Adjusted OIBDA margin increased by 50 bps to 20.4%. Adjusted EPS of $0.20 beat the consensus of $0.18. Warner Music used $(6) million in operating cash flow and held $601 million in cash and ...
Sales growth accelerated slightly in Q1, but earnings fell. Warner Music is aiming to boost profit margins over time. Tuesday's decline was sparked by a quarterly earnings report that showed ...
Dechert has become the latest firm to cut attorneys and staff, confirming Tuesday that it had started a process it expects to impact approximately 5% of its global ... in a 4% dip in the firm ...
Warner Music posted better-than-expected fiscal second-quarter results as revenue was in line and adjusted EBITDA was ahead of FactSet consensus. However, shares fell by over 9.5% as streaming ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
