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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.

Outstanding Shares

Market Cap

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

Revenue Multiple

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 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 international boss Gerhard Zeiler has set a new leadership structure for his team following a spate of exits in the past few weeks.

Warner Bros. Discovery International Boss Gerhard Zeiler Sets New Leadership Team Following Spate Of Exits

Warner Bros. Discovery (WBD) is raising the price of its ad-free monthly subscription for Discovery+ in the United States and Canada.

Warner Bros. Discovery's (WBD) Discovery+ Announces Price Hike

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Netflix And Discovery+ Will Hike Streaming Prices As Hollywood Strike Wears On

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Last week, Warner Bros Discovery launched CNN Max streaming service in the United States in an attempt to boost sagging ratings and reach a younger audience.

DirecTV warns Warner Bros that CNN Max streaming service violates contract: report

Reality-show purveyor Discovery+ is raising prices 28%, the latest hikes by a streaming service for its ad-free tier. And Netflix may add more price hikes soon.

Getting Less, Paying More; Discovery+ Raises Price, Netflix May Too

Satellite TV provider DirecTV warned CNN-parent Warner Bros Discovery that its plan to stream the news service risks violating a contract between the companies, the New York Times reported on Tuesday, citing people familiar with the matter.

DirecTV says Warner Bros Discovery streaming CNN violates deal - NYT

Warner Bros. Discovery France boss Pierre Branco has become the latest international exec to depart. Branco has been with the company for 17 years, working his way up to being promomted to head of France, Benelux and Africa last year after Warner Bros merged with Discovery.

Warner Bros. Discovery France Boss Pierre Branco Becomes Latest International Exec To Depart

Comcast

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Paramount Global

Late night hosts return to TV on Monday, as striking Hollywood actors resume talks with major studios.

Late night shows return as actors restart negotiations with Hollywood studios

Warner Bros. Discovery's (WBD) HBO confirms the return of REAL TIME WITH BILL MAHER, which is premiering on Sep 29.

Warner Bros. Discovery's (WBD) REAL TIME WITH BILL MAHER Returns

Thanks to last year's merger, Warner Bros. Discovery has a massive debt burden.

1 Obvious Reason to Avoid Warner Bros. Discovery Stock Like the Plague

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Warner Bros. Discovery (WBD) Sports Europe reports record-breaking streaming figures following its coverage of Grand Tours, such as Giro d'Italia, Tour de France and La Vuelta.

Warner Bros. Discovery (WBD) Sports UK Rides on Cycling Coverage

Paramount Global (NASDAQ:PARA) and Warner Bros Discovery Inc (NASDAQ:WBD) shares both finished higher Wednesday after the 148-day Writers Guild of America (WGA) strike officially ended at 12:01 AM Pacific Daylight Time.  The WGA and the AMPTP, which represents Hollywood's studios and streamers, reached a tentative agreement for a new three-year contract for film and television writers, ending the second-longest labor action in the guild's history that began on May 2.

Paramount and Warner Bros stock rises as writers' strike ends

Warner Bros. Discovery has significant potential with its streaming platform, Max, offering the best original content globally. WBD's recent success with the movie Barbie and its upcoming movie lineup contribute to its competitive advantage. The company's streaming service, Max, has room for growth, especially internationally, and subscriber growth is expected to improve in the coming years.

I Was Wrong About Warner Bros. Discovery (Rating Upgrade)

Shares of major media companies rose Wednesday morning after the Writers Guild of America (WGA) ended a five-month writers strike after finalizing a contract with studios.

Media Stocks Rise as Hollywood Writers' Strike Ends

When the prominent investing names on Wall Street decide to move, everyday investors will benefit from keeping an ear to the ground, especially when these positions are broadcasted publicly via mandatory 13-F filings.

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Hollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day labor strike.

Hollywood writers strike to end on Wednesday as WGA, AMPTP finalize labor contract

Activision Blizzard

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Take-Two Interactive Software

LOS ANGELES — Striking actors have voted to expand their walkout to include the lucrative videogame market, a step that could put new pressure on Hollywood studios to make a deal with the performers who provide voices and stunts for games.

Striking Hollywood actors vote to authorize new walkout against videogame makers

After nearly 150 days, the Hollywood writers strike appears to be coming to an end.

4 Entertainment Stocks Gurus Are Tuning Into as Writers Strike Agreement Reached

Producers of television talk shows were making plans on Monday to return to the air for the first time in five months after Hollywood writers reached a tentative deal to end a work stoppage that had shut down production.

Hollywood prepares for partial return to work after writers' deal

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Big media shares, which rose in pre-market trading Monday, opened lower at the bell and are still trending down midday after the Writers Guild reached a tentative deal with studios to end their prolonged strike.

Big Media Stocks Backtrack In Jittery Market; Theater Chains Soar On Tentative WGA Deal

Sony

Shares of media companies jumped in pre-market trading on Monday before giving back those gains, after Hollywood writers reached a tentative agreement with major studios over the weekend.

Media Stocks Fluctuate After Writers Guild Reaches Tentative Deal With Studios

Paramount and Warner Bros. Discovery stocks climbed on Monday on news of a deal to end the writers strike.

News for Warner Bros Discovery Inc Stock (WBD)