Tencent Music Entertainment Group (NYSE:TME) reported a fiscal second-quarter 2024 revenue decline of 1.7% year-over-year to $985.00 million (7.16 billion Chinese yuan), missing the analyst consensus estimate of $996.68 million.  The decline reflected a fall in revenues from social entertainment services, partially mitigated by strong year-over-year growth in revenues from online music services. China’s online music and audio entertainment platform’s adjusted EPADS of $0.16 (1.19 Chinese yuan) was in line with the analyst consensus estimate. The stock price slid after the print. Key Metrics: Monthly active users (MAUs) for online music declined by 3.9% year over year to 571 million, and mobile MAUs for social entertainment ...