Universal Music Group Shares Plunge After Disappointing Q2 Results
Universal Music Group Shares Plunge After Disappointing Q2 Results
失望的第二季度业绩公布后，环球唱片集团的股票暴跌。
Universal Music Group NV's (OTC:UMGNF) shares dropped 23% on Thursday following the announcement of disappointing results in its streaming and subscription segments.
周四，Universal Music Group NV(UMGNF)的股票下跌23%，因其流媒体和订阅业务的业绩表现不佳。
Subscription Revenue Growth Slows Down Significantly
订阅收入增长显著放缓。
In the second quarter, UMG's subscription revenue growth slowed to 6.9% year-over-year, excluding foreign exchange (FX) effects, a notable drop from the 12.5% growth in the first quarter. This fell short of Bloomberg's consensus estimate of 11% growth.
在第二季度，UMG的订阅收入增长率同比下降6.9%（除去外汇汇率影响），相比第一季度的12.5%增长明显下降。这低于彭博社的11%增长共识预期。
The streaming revenue also saw a significant decline, falling 3.9% ex-FX, a stark contrast to the 10.3% growth recorded in Q1, Yahoo Finance reported.
据雅虎财经报道，流媒体收入也出现显著下降，除外汇汇率影响外下降3.9%，与Q1 10.3%的增长形成鲜明对比。
UMG attributed this downturn to a "deceleration in growth at...
UMG将这一下滑归因...
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