Universal Music Group Shares Plunge After Disappointing Q2 Results
Universal Music Group Shares Plunge After Disappointing Q2 Results
失望的第二季度業績公佈後，環球唱片集團的股票暴跌。
Universal Music Group NV's (OTC:UMGNF) shares dropped 23% on Thursday following the announcement of disappointing results in its streaming and subscription segments.
週四，Universal Music Group NV(UMGNF)的股票下跌23%，因其流媒體和訂閱業務的業績表現不佳。
Subscription Revenue Growth Slows Down Significantly
訂閱收入增長顯著放緩。
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的訂閱收入增長率同比下降6.9%（除去外匯匯率影響），相比第一季度的12.5%增長明顯下降。這低於彭博社的11%增長共識預期。
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.
據雅虎財經報道，流媒體收入也出現顯著下降，除外匯匯率影響外下降3.9%，與Q1 10.3%的增長形成鮮明對比。
UMG attributed this downturn to a "deceleration in growth at...
UMG將這一下滑歸因...
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