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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Warner Bros Discovery Inc

Warner Bros. Discovery, Inc. operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. The company is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q3 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Warner Bros Discovery reports robust Q4 performance and streaming focus

Warner Bros Discovery's Q4 performance highlights strong financials, strategic focus on IP, and progress in streaming profitability.
The company faces challenges in ad sales and market dynamics but sees opportunities in content integration, community engagement, and market upswing.
Prioritizing quality content, cost savings, and achieving profitability targets are key strengths driving Warner Bros Discovery's strategy.
Balancing financial performance, content excellence, and market positioning will be crucial for Warner Bros Discovery's growth and success.

Warner Bros Discovery Inc reports strong Q1 EBITDA growth and DTC focus

Warner Bros Discovery Inc navigated Q1 challenges with strong EBITDA growth and a focus on DTC business, aiming for profitability this year. The company's strategic initiatives in content expansion, international markets, and reducing churn for HBO Max position it well for future growth and profitability.

Warner Bros Discovery excels in Q2, eyes global expansion

Warner Bros Discovery's Q2 performance showcased strong free cash flow, debt reduction, and strategic focus on Direct-to-Consumer and gaming for growth.
The company's strengths lie in content creation, advertising opportunities, and leveraging IPs, while facing challenges in linear business and industry disruptions.
Opportunities include multiple growth levers for 2024, international expansion, and maximizing advertising and content potential, with a clear focus on profitability.
Overall, Warner Bros Discovery is navigating challenges with resilience, focusing on strategic growth areas, and positioning itself for future success in the evolving media landscape.

Warner Bros Discovery exceeds $2B in free cash flow, eyes growth

Warner Bros Discovery Inc's Q3 earnings call highlighted strong financial performance, strategic focus on key IP, and growth opportunities in streaming, gaming, and sports. The company is prioritizing debt reduction, sustainable growth, and maximizing the value of its content to drive future success.

Warner Bros Discovery Inc (WBD) reports strong Q4 performance and eyes global growth opportunities

Warner Bros Discovery Inc (WBD) delivered a strong performance in Q4 2023, showcasing financial achievements, successful franchise revivals, and global expansion efforts. While facing challenges in its Studios and Networks segments, the company is leveraging its strengths in streaming profitability, post-merger integration, and content diversity. With a focus on profitability, growth initiatives, and strategic partnerships, Warner Bros Discovery is poised for future success.

Warner Bros Discovery (WBD) excels in Q1 2024, eyes digital ad growth

Warner Bros Discovery (WBD) showcased robust performance in Q1 2024, capitalizing on key strengths in subscriber growth and content monetization. Despite challenges in studio results and certain markets, the company is strategically positioned to seize opportunities in digital advertising and global content distribution. Ongoing efforts towards operational efficiency and consumer-centric strategies underpin its growth trajectory.

Warner Bros Discovery sees strong subscriber growth and global expansion

Warner Bros Discovery's Q2 earnings call highlighted impressive subscriber growth, content production, and global expansion efforts. The company's strategic focus on direct-to-consumer initiatives, partnerships, and engaging content positions it well for sustained growth. While facing challenges in debt reduction and competitive pressures, Warner Bros Discovery remains optimistic about its ability to drive profitability and expand its market presence.

Warner Bros Discovery reports strong Q3 performance amidst business challenges

Warner Bros Discovery Inc showcased strong performance in its direct-to-consumer segment, while facing challenges in the Networks and Studios businesses. The company's focus on enhancing shareholder value and stabilizing linear TV operations are key strengths. Opportunities lie in driving growth in the direct-to-consumer segment and optimizing operations in the linear networks business.

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Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Warner Bros. Discovery says it will beef up ads on its Max streaming service.

Warner Bros. Discovery says it will beef up ads on its Max streaming service

Take-Two Interactive Software

Entertainment conglomerate Warner Bros Discovery Inc (NASDAQ:WBD) and video game giant Take-Two Interactive Software, Inc (NASDAQ:TTWO) are seeing higher-than-usual options activity after earnings.

Options Traders Blast 2 Stocks After Earnings

WBD's third-quarter results reflect dullness in overall ad sales and distribution revenues.

Warner Bros. Discovery Q3 Earnings Beat, Revenues Fall Y/Y

Shares rose as Warner's Max service added 7.2 million subscribers in the third quarter.

Warner Bros. Discovery CEO expects friendlier environment for deal-making under Trump as studio posts surprise profit

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants David Zaslav - President, Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer JB Perrette - CEO, President, Global Streaming and Games Andrew Slabin - Executive Vice President, Global Investor Strategy Conference Call Participants Steven Cahall - Wells Fargo David Karnovsky - JPMorgan Michael Nathanson - MoffettNathanson Rich Greenfield - Lightshed Partners Jessica Reif Ehrlich - Bank of America Securities Bryan Kraft - Deutsche Bank Benjamin Swinburne - Morgan Stanley Operator Ladies and gentlemen, welcome to the Warner Bros.

Warner Bros. Discovery, Inc. (WBD) Q3 2024 Earnings Call Transcript

David Zaslav wanted a new president that was open to M&A. Now he has one.

Warner Bros. Discovery CEO David Zaslav thinks Trump will let him consolidate

Although the revenue and EPS for Warner Bros. Discovery (WBD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Warner Bros. Discovery (WBD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.

Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth

Warner Bros. Discovery (WBD) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share.

Warner Bros. Discovery (WBD) Q3 Earnings Top Estimates

The company also posted a profit for the third quarter, while analysts had been expecting a loss.

Warner Bros. Discovery posts upbeat Max subscriber growth, sending stock higher

The media and entertainment company posted third-quarter earnings of 5 cents a share, when analysts had been expecting a loss.

Warner Bros. Discovery Stock Rises After Surprise Profit

Warner Bros. Discovery said streaming platform Max added 7.2 million global customers during the third quarter, bringing its total subscriber base to 110.5 million.

Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump

Warner Bros Discovery added more than seven million net subscribers in the third quarter of 2024 as its international Max rollout gathered pace, but total revenues and earning both dipped versus 2023. Growth in the DTC segment was attributed to international expansion, as Max rolls out globally.

Warner Bros. Discovery Sees Streaming Subs Rocket To 110 Million As International Rollout Gathers Pace, But Q3 Revenues Dip With Box Office Down

Warner Bros Discovery missed Wall Street estimates for third-quarter revenue on Thursday, as its studio business took a hit from fewer blockbuster releases.

Warner Bros Discovery misses revenue estimates on weakness in studio unit

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended September 30, 2024.

WARNER BROS. DISCOVERY REPORTS THIRD-QUARTER 2024 RESULTS

Paramount Global

David Ellison, Larry Ellison's son, is set to take over Paramount. Not David Zaslav, the CEO of Warner Bros.

Behind the Warner Bros. Discovery-Paramount deal that never was

LUXEMBOURG--(BUSINESS WIRE)--SES announced today that it has extended its partnership with Warner Bros. Discovery in a multi-year contract renewal. Under the agreement, SES will provide playout services and satellite capacity to deliver Warner Bros. Discovery's SD and HD channels across Germany and Austria from SES's prime video neighbourhood of 19.2 degrees East. With this deal, Warner Bros. Discovery secures capacity for broadcasting the following channels unencrypted via satellite in SD: DMA.

Warner Bros. Discovery and SES Renew Multi-Year Deal to Broadcast SD and HD Channels in Germany and Austria

WBD's third-quarter results are likely to reflect persistent softness in advertising revenues and subscriber growth in viewership amid cost-cutting measures.

What Awaits Warner Bros. Discovery This Earnings Season?

LOS ANGELES, CA / ACCESSWIRE / November 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Urges Investors With Losses To Reach Out About An Inquiry Into Warner Bros Discovery Inc For Securities Law Violations

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Warner Bros. Discovery (WBD), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unveiling Warner Bros. Discovery (WBD) Q3 Outlook: Wall Street Estimates for Key Metrics

LOS ANGELES, CA / ACCESSWIRE / November 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros. Discovery, Inc. Is Being Investigated For Securities Fraud And Affected Shareholders Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / November 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Urges Investors To Join An Inquiry Into Warner Bros Discovery Inc For Securities Law Violations

Warner Bros. Discovery (WBD) has received quite a bit of attention from Zacks.com users lately.

Here is What to Know Beyond Why Warner Bros. Discovery, Inc. (WBD) is a Trending Stock

Warner Bros. Discovery (WBD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Warner Bros. Discovery (WBD) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

LOS ANGELES, CA / ACCESSWIRE / October 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

News for Warner Bros Discovery Inc Stock (WBD)