Tencent Music Entertainment Soothes the Bulls With a Smooth Quarter [The Motley Fool]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: The Motley Fool
Tencent Music Entertainment Soothes the Bulls With a Smooth Quarter Tencent Music Entertainment ( NYSE:TME However, its net income rose % to .0 billion yuan ($ million), while its non-GAAP Image source: Getty Images. Its online music business is growing TME generated 8% of its revenue from its online music business, which includes its music streaming apps (QQ Music, Kugou, and Kuwou) and digital downloads. The unit's annual growth in paid users, subscription revenue, ARPPU (average revenue per paid user), and total revenue all accelerated previous quarter Online music Total QOQ growth YOY growth Mobile MAUs million % Paid users . million % % Subscription revenue 9 million 8% 8% 8.9 RMB ($.7) % % Revenue .8 billion RMB ($0 million) % % QOQ = Quarter-over-quarter. YOY = Year-over-year. Source: TME Q report. Its growth in mobile MAUs (monthly active users) might look anemic, but it marks a significant improvement from its flat quarter-over-quarter growth last quarter. This indicates tha
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News
- Analysts Are Updating Their Tencent Music Entertainment Group (NYSE:TME) Estimates After Its Full-Year Results [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-FPR Newswire
- Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024PR Newswire
- Returns On Capital Are Showing Encouraging Signs At Tencent Music Entertainment Group (NYSE:TME) [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
TME
Earnings
- 3/19/24 - In-Line
TME
Sec Filings
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- 4/15/24 - Form 6-K
- TME's page on the SEC website