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Universal Music beats second quarter revenue consensus
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Universal Music beats second quarter revenue consensus
Jul 24, 2024 9:11 AM

(Reuters) - Universal Music Group, the label representing Taylor Swift, BTS and Drake, on Wednesday recorded higher than expected second quarter sales, driven by growth across all segments.

Second quarter revenue totalled 2.93 billion euros, up 9.6% year-on-year in constant currency terms and beating the 2.89 billion euros expected by analysts according to a Visible Alpha consensus.

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