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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 Q1 2023

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Earnings data Q1 2024

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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.

Barbie has grossed $459 million at the domestic box office in its first two weeks in theaters.

‘Barbie' Tops $1 Billion At Global Box Office

BURBANK, Calif.--(BUSINESS WIRE)--WARNER BROS. PICTURES' “BARBIE” AND DIRECTOR GRETA GERWIG MAKE HISTORY TOGETHER AS THE BOX OFFICE SENSATION PASSES A BILLION DOLLARS WORLDWIDE.

Warner Bros. Pictures' “Barbie” and Director Greta Gerwig Make History Together as the Box Office Sensation Passes a Billion Dollars Worldwide

"Barbie" has answered the billion-dollar question with a resounding "yes." Barely three weeks into its run, writer-director Greta Gerwig's blockbuster has raked in an astounding $1.03 billion at the global box office, Warner Bros. reports. This makes Gerwig the first female director with a billion-dollar movie.

'Barbie' makes history with $1 billion at the box office

Mattel

Warner Bros. Discovery and Mattel's "Barbie" is set to top $1 billion at the global box office Sunday, marking the first time a solo female director has acheived this benchmark.

'Barbie' to top $1 billion at the global box office Sunday

Paramount Global

Streaming companies may have significant growth prospects due to the wider trends in the entertainment industry. As cord-cutting becomes more prevalent and the variety of content expands, this area deserves careful attention from strategic investors.

A Look at 2 Appealing Streaming Stocks

"Barbie" is expected to hit a billion-dollar benchmark before Monday, making Greta Gerwig the first solo female director to have a film cross the mark.

'Barbie' is less than $100 million away from a billion-dollar box office heading into third weekend

The headline numbers for Warner Bros. Discovery (WBD) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Warner Bros. Discovery (WBD) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Warner Bros. Discovery reported downbeat earnings across the board for the second quarter.

Warner Bros. Discovery Earnings Call Reveals Progress On Debt Mountain, But Streaming Subscribers Down

The streaming business benefited from content licensing revenue in the second quarter as Warner Bros. Discovery looks to monetize its content catalog.

Warner Bros. Discovery's Streaming Business Is Almost Profitable

Warner Bros. Discovery — owner of CNN, HBO and Warner Bros Studio — reported worse-than-expected second quarterly revenue on Thursday amid a number of high-profile box office flops, including “The Flash,” and declines in streaming subscribers.

Warner Bros. Discovery misses revenue estimates amid box office flops, streaming losses

Warner Bros Discovery warned Thursday that the ongoing writers' and actors' strikes in Hollywood could hurt business further after taking a second-quarter hit.

Warner Bros. Discovery warns Hollywood strikes could hurt business

In earnings call, predicts a "return to work in early September," but CEO David Zaslav dodges questions actual strike talks. Streaming subscriptions fall in wake of Max.

Warner Bros. Discovery Expects Actors And Writers Strikes To Go Into September

Warner Bros. Discovery's (WBD) second-quarter results reflect a decline in overall ad sales and global DTC subscribers.

Warner Bros. Discovery (WBD) Q2 Loss Narrows, Ad Sales Decline

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Andrew Slabin - Investor Relations David Zaslav - President & Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer Jean-Briac Perrette - Chief Executive Officer & President of Global Streaming and Games Conference Call Participants Vijay Jayant - Evercore ISI Kannan Venkateshwar - Barclays Brett Feldman - Goldman Sachs John Hodulik - UBS Jessica Reif - Bank of America Securities Benjamin Swinburne - Morgan Stanley Michael Morris - Guggenheim Philip Cusick - JPMorgan Operator Ladies and gentlemen, welcome to the Warner Bros.

Warner Bros. Discovery, Inc. (WBD) Q2 2023 Earnings Call Transcript

Warner Bros. Discovery and its studio peers need Hollywood to get back to work, even if it costs them.

Warner's Streaming and Ad Misses Outweigh Its Huge Hit

Warner Bros. Discovery lost 1.8 million streaming subscribers in the second quarter as it launched its combined streaming platform Max in the United States in May.

Warner Bros. Discovery loses 1.8M streaming subscribers amid Max rebrand with CEO 'hopeful' Hollywood strikes will end soon

The 2022 combination of Discovery and WarnerMedia was controversial at the time, but executives at what's now called Warner Bros. Discovery Inc. WBD, +0.16% suggested Thursday that the move is paying off, Just look at the success of “Barbie,” they said.

‘Barbie' summer: How a multifaceted marketing blitz helped drive box-office success

Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.51 per share versus the Zacks Consensus Estimate of a loss of $0.39.

Warner Bros. Discovery (WBD) Reports Q2 Loss, Lags Revenue Estimates

Sports and news programming will be coming “soon” to Max, according to Warner Bros. Discovery CEO David Zaslav. The categories “are important. They're differentiators. They're compelling,” he said on the company's second-quarter earnings call with Wall Street analysts. “They make these platforms come alive.

Max Will “Soon” Add News And Sports To Its Streaming Mix, Warner Bros. Discovery CEO David Zaslav Says, Though No Timeline Is Given

While Warner Bros Discovery CEO David Zaslav on this morning's Q2 earnings call for the conglom is “hopeful that all sides will get back to the negotiating room soon and that these strikes get resolved in a way that the writers and actors feel that they are fairly compensated,” WBD CFO Gunnar Wiedenfels served up

Warner Bros. Discovery CFO Gunnar Wiedenfels On Strikes Savings “In Low $100M Range”; Release Dates Remain Fluid, Outlook “Assumes Return To Work In Early September”

Warner Bros. Discovery was formed in 2022, combining a rich array of properties from HBO to CNN.

How CEO David Zaslav is transforming Warner Bros. Discovery, from layoffs and a major reorg to launching a new mega-streaming app, Max

Warner Bros. Discovery reported its second-quarter earnings results Thursday, revealing that it dropped in 1.8 million streaming subscribers across HBO, Discovery+ and its new combined streaming service Max.

Warner Bros. Discovery loses 1.8M subscribers amid Max rebrand

The company's streaming segment shed subscribers in the second quarter after the launch of its new service, Max.

Warner Bros. Discovery Revenue Falls

Warner Bros Discovery Inc (NASDAQ:WBD) stock traded higher in pre-market deals after its second-quarter results landed inside market expectations, and, the media conglomerate cheered an improved balance sheet. Post-acquisition housekeeping saw the group report a US$1.24bn net loss, including some US$1.65 billion of amortization and US$146 million of tax restructuring expenses.

Warner Bros Discovery reports balance sheet boost, now sees over US$5bn of merger synergies

Warner Bros. Discovery topped free cash flow expectations in its latest quarter and grew per-user revenue in streaming on a sequential basis.

News for Warner Bros Discovery Inc Stock (WBD)