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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

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

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.

While WBD's prospects remain mixed due to the intense streaming war, immense debts, and uncertain macroeconomic outlook, David Zaslav's execution proves to be stellar over the past three quarters. Its D2C segment finally achieves profitability as well, thanks to the raised subscription fees, expanding its overall gross margins. The management also controlled costs aggressively, expanding its overall adj EBITDA margins, well above its streaming peers.

Warner Bros. Discovery: David Zaslav Executes Brilliantly, Warranting A Buy Rating

Warner Bros. Discovery (WBD) and Mattel team up with humanitarian organization, Save the Children, to launch a girls' empowerment initiative.

Warner Bros. Discovery (WBD) Launches Campaign to Empower Girls

Carnival

Chipotle

Catalent

Intel

NVIDIA

June isn't supposed to be a good month for the S&P 500. But it was — especially for investors who chose wisely.

Six Stocks Turn $10,000 Into $63,503 In Six Months

The stock is down 49% since its formation in April 2022. Warner Bros.

Warner Bros. Discovery Stock: Buy, Sell, or Hold?

CNN is exploring ways to put more of its news offerings on Warner Bros. Discovery's Max, with a report that plans are in the works to offer live programming on the platform outside the U.S.

Warner Bros. Discovery Looking To Boost CNN Offerings — Including Live Content — On Max

Warner Bros Discovery Inc is planning to add live programming from CNN to the Max streaming service later this year, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Warner Bros Discovery to add CNN on streaming service - Bloomberg

V.F.

Viatris

In recent years, S&P 500 companies with new chief executive officers (CEOs) have become a regular occurrence. That's because CEOs are moving on more quickly — both by choice and because of activist investors — and that means there are always interesting possibilities for stocks set to rally under new CEOs.

Fresh Blood: 3 Stocks Ready to Rally Under New CEOs

Amazon

Disney

Netflix

A recent survey revealed that the economic environment has consumers paring back their streaming services. Not all providers are created equal.

Is This Recent Trend a Canary in the Coal Mine for Streaming Video?

It appears "The Flash" is causing more headaches for Warner Bros.

Warner Bros.' ‘The Flash' tanks at box office with 72% drop-off from opening weekend

HBO may finally be taking the right step by selling content to Netflix.

HBO Going to Netflix Would be Great for Everyone Involved

Twenty-First Century Fox

Paramount Global

This year was supposed to be a rebound for legacy media companies such as Disney and Warner Bros. Discovery.

Legacy media companies enter dark times as failures mount and Netflix rises again

NEW YORK , June 23, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its second-quarter 2023 results on Thursday, August 3, 2023, before the market open.

WARNER BROS. DISCOVERY TO REPORT SECOND-QUARTER 2023 RESULTS ON THURSDAY, AUGUST 3

Streaming became profitable. Games appeared to be another strong point. Some of the turnarounds will take a few years to become apparent to shareholders.

Warner Bros Discovery: DTC Leads The Way

Apple

Comcast

Alphabet

World Wrestling Entertainment

It's game on for sports programming — and Big Tech could be in the pole position, to borrow a racing cliché.

Live sports is the new ‘Moneyball' for streaming, Morgan Stanley says

Warner Bros. Discovery was recently reported to be engaging in talks to license their content to major streaming rival Netflix. The potential development increases concerns that management's controversial undertakings since the merger are tipping the balance over to the downside for WBD's growth and profitability prospects. WBD stock is losing its appeal to all of value, income, and growth investors as the underlying business braces for limited visibility into its fundamental outlook ahead.

We Were Wrong, And We're No Longer Confident In Warner Bros. Discovery

Warner Bros. Discovery CEO David Zaslav spoke with top filmmakers Martin Scorsese and Steven Spielberg to calm fears as layoffs hit Turner Classic Movies

WBD chief Zaslav contacted filmmakers Scorsese, Spielberg to quell fears around TCM layoffs

Warner Bros. Discovery is reportedly exploring a new streaming strategy, starting small with a potential licensing deal for HBO's "Insecure" on Netflix.

HBO's Rumored Netflix Deal: Is the Streaming Market Growing Up Already?

Several media companies have slashed staff this year.

2023 Media Layoffs: Warner Bros. Cutting About 100 Employees, Report Says

BURBANK, Calif.--(BUSINESS WIRE)--Warner Bros. Games and DC today announced Batman: Arkham Trilogy for Nintendo Switch, a compilation of Rocksteady Studios' award-winning videogames that brings together the critically acclaimed Batman: Arkham Asylum, Batman: Arkham City, and Batman: Arkham Knight in one iconic package. Batman: Arkham Trilogy is scheduled to launch for Nintendo Switch this fall 2023, complete with all previously released downloadable content (DLC) from all three titles. The tril.

Warner Bros. Games and DC Announce Batman™: Arkham Trilogy for Nintendo Switch™

The Flash—despite being the No. 1 movie—fell short of expectations at the box office.

Warner Bros. Shares Down After ‘The Flash' Underperforms

Two of Hollywood's biggest studios released blockbuster movies over the Father's Day weekend that fell short at the box office.

Disney's 'Elemental', Warner Bros' 'The Flash' Disappoint on Opening Weekend

Sony

DC and Warner Bros.' WBD, -2.51% long-in-the-works superhero movie “The Flash” opened to $55 million in its first three days in North American theaters, according to studio estimates on Sunday.

‘The Flash' gets off to a slow start, with $55 million opening weekend

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Wall Street Analysts See Warner Bros. Discovery (WBD) as a Buy: Should You Invest?

Netflix has introduced fees for account-sharing. Walt Disney is paring back content.

Why Netflix, Walt Disney, and Warner Bros. Discovery Are No-Brainer Buys Right Now

NEW YORK , June 14, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros. Discovery Announces Expiration and Results of Tender Offer for Any and All Floating Rate Notes due 2024 Issued by WarnerMedia Holdings, Inc.

News for Warner Bros Discovery Inc Stock (WBD)