Posts Tagged ‘Revenue’

Better Than We Thought: Wall Street Bumps WMG…

Wednesday, February 10th, 2010

Warner Music Group shed $17 million – or 11 cents per share – during the fourth quarter, a sharp reversal from year-ago gains.  But Wall Street was expecting something worse – closer to 14 cents according to Thomson Reuters – and shares moved upward in Tuesday trading.  At the bell, WMG finished at $5.02, a 4.8 percent gain over the previous close. (more…)