Tencent Music Profits And Premium Sign-Ups Climb Despite Fewer Listeners
Microsoft News
Tencent Music Profits And Premium Sign-Ups Climb Despite Fewer Listeners
Tencent Music Entertainment shares rose Tuesday after second-quarter results beat expectations, according to Benzinga. Revenue grew 17.9% year-over-year to $1.18 billion, driven by strong online music services despite a decline in social entertainment revenue. Adjusted EPADS of 23 cents exceeded the 19-cent consensus. Music subscription revenue ...
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