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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

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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

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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.

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Discovery reported earnings on Friday with mixed results.

Warner Bros. Discovery Reports Good News On The Streaming Front

Warner Bros. Discovery is showing promise in video games and FAST streaming.

Where Will Warner Bros. Discovery Be in 5 Years?

Warner Bros. Discovery's (WBD) first-quarter results reflect strength in overall ad sales, while higher restructuring costs hit the bottom line.

Warner Bros. Discovery (WBD) Q1 Earnings Fall Y/Y, Ad Sales Rise

However, CEO Zaslav said the churn on HBO Max was unacceptably high.

CNN parent Warner Bros Discovery posts surprise quarterly loss

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q1 2023 Earnings Conference Call May 5, 2023 8:00 AM ET Company Participants Andrew Slabin - Investor Relations David Zaslav - President and Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer JB Perrette - Chief Executive Officer and President, Global Streaming and Games Conference Call Participants Doug Mitchelson - Credit Suisse Robert Fishman - MoffettNathanson Steven Cahall - Wells Fargo Peter Supino - Wolfe Research Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America Securities Matthew Thornton - Truist Securities Operator Ladies and gentlemen, welcome to the Warner Bros.

Warner Bros. Discovery, Inc. (WBD) Q1 2023 Earnings Call Transcript

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

Compared to Estimates, Warner Bros. Discovery (WBD) Q1 Earnings: A Look at Key Metrics

Warner Bros. Discovery (WBD) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share.

Warner Bros. Discovery (WBD) Misses Q1 Earnings Estimates

Warner Bros Discovery CEO David Zaslav has said the company's U.S. streaming operation is “no longer bleeding” after it posted a $50M profit for Q1 this year. “It's harder to run a business when you have a big bleeder,” he told investors on an earnings call minutes ago.

David Zaslav Says Warner Bros Discovery's Streaming Business Is “No Long Bleeding”

Warner Bros. Discovery announced Friday that its streaming business will turn a profit in 2023.

Warner Bros. Discovery's streaming business set to become profitable in 2023

Warner Bros Discovery reported mixed quarterly earnings before the bell on Friday showing a growing subscriber base but wider loss during 1Q. A bright spot was Warner Bros' streaming unit, which swung to a $50 million profit, compared with a loss of $654 in the year-ago period and a $217 million loss in the fourth quarter of 2022.

Warner Bros Discovery swings to profit in streaming unit

The company targets profitability in its streaming segment this year, a year earlier than previously forecast.

Warner Bros Revenue Falls Amid Soft Ad Market

Warner Bros Discovery matched Wall Street estimates for revenue in the first quarter, with $10.7 billion, but posted a wider-than-expected loss due to tough comparisons with the year-ago period. Net losses reached 44 cents a share, worse than the 5-cent loss analysts had forecast.

Warner Bros Discovery Posts Wider Loss In Q1, But Notes “Meaningful Turn” Toward Streaming Profitability A Year Ahead Of Schedule

Warner Bros. Discovery reported quarterly revenue in line with estimates. The company posted a big loss, despite its streaming business turning a profit of $50 million for the quarter.

Warner Bros. Discovery reports big overall loss even as streaming turns a profit

Shares of Warner Bros. Discovery Inc. WBD were falling more than 2% in premarket trading Friday after the media giant trailed expectations with its first-quarter results.

Warner Bros. Discovery stock falls after earnings miss

A few weeks before Warner Bros. Discovery launches its new HBO Max/Discovery+ streaming service, Max, TechCrunch spoke with WBD chief technology officer Avi Saxena and chief product officer Tyler Whitworth about building the new platform from the ground up, rolling out new features, improving functionality, adding new tech and all around designing the product.

Warner Bros. Discovery CTO and CPO explain how they made Max less buggy

NEW YORK , May 5, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today reported financial results for the quarter ended March 31, 2023.

WARNER BROS. DISCOVERY REPORTS FIRST-QUARTER 2023 RESULTS

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

News for Warner Bros Discovery Inc Stock (WBD)