Warner Music Group revenue rose 10% to $1.86 billion in fiscal third quarter, while operating income climbed 80% to $305 million.
Net income swung to $200 million; basic EPS was $0.39 for both Class A and Class B shareholders.
Recorded Music revenue increased 10% to $1.49 billion; Music Publishing revenue grew 12% to $377 million.
Adjusted OIBDA (non-GAAP) rose 16% to $433 million, lifting margin 1.1 percentage points to 23.2%.
Board declared a quarterly dividend of $0.20 per share; CEO Robert Kyncl cited subscription streaming growth, market-share gains and operating leverage.
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