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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

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

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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.

Warner Bros. Discovery is slashing costs and revamping its streaming strategy.

Why Warner Bros. Discovery Stock Could Rally

APA Corporation

Ovintiv

Occidental Petroleum

Bank of America

The Smead Value Fund (Trades, Portfolio) disclosed its equity portfolio for its fiscal first quarter, which ended Feb. 28, earlier this week.

Smead Value Fund Goes on 1st-Quarter Buying Spree

CEO David Zaslav told attendees at CinemaCon that the studio will release 16 films in 2023 and hopes to do more than 20 releases annually going forward.

Warner Bros. Discovery previews a stacked film slate, centered around this summer's 'Barbie'

Comcast

NBCUniversal must make decisions on Hulu, sports rights and a potential merger with Warner Bros. Discovery without CEO Jeff Shell.

NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs

Netflix

In 2013, Netflix co-CEO Ted Sarandos said his goal was to become HBO faster than HBO could become Netflix. A decade later, neither has happened.

How HBO and Netflix have evolved away from each other in the past decade

Apple

Disney

AT&T

Warner Music Group

For 50 years, HBO has been a pioneer in television as one of the first paid tv networks. However, HBO has never been its own standalone business.

How HBO survived merger after merger and changed television forever

The Warner Bros. Discovery, Inc. fourth quarter provides a window for the cash flow in fiscal year 2023. Most leveraged buyouts want to increase cash flow quickly to deleverage fast.

Warner Bros. Discovery: Huge Cash Flow Growth Likely

Paramount Global

A few months after Warner Bros. Discovery (WBD) sued Paramount over the streaming rights for “South Park,” Paramount is now striking back.

Paramount alleges Warner Bros. Discovery owes $52M for ‘South Park' streaming rights

Paramount hit Warner Bros. Discovery with a counterclaim in the legal fight over South Park's streaming rights

Paramount fires back at Warner Bros. Discovery in 'South Park' streaming lawsuit

Warner Bros. Discovery has a new name and fresh pricing structure for its streaming service.

Warner Bros. Discovery Just Made a Big Move in Streaming.

Warner Bros. Discovery is laden with debt.

Warner Bros. Discovery Stock Is Down 40% From Its High.

NEW YORK , April 17, 2023 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its first-quarter 2023 results on Friday, May 5, 2023, before the market open.

WARNER BROS. DISCOVERY TO REPORT FIRST-QUARTER 2023 RESULTS ON FRIDAY, MAY 5

The last time the parent company of Warner Bros and HBO promoted the launch of a streaming service, it faced the once-a-century challenge of the coronavirus pandemic.

Max Pulls Out Promotional Stops In Rebranding Promo Push As Warner Bros Discovery Looks To Make A “Second First Impression”

Warner Bros. Discovery's choice to remove HBO from its flagship streaming service is rational, but it also highlights industry tensions.

In renaming 'HBO Max,' Warner Bros. Discovery hedges its bets in streaming

Warner Bros. Discovery, Inc. launched a new video streaming service called "Max." The DTC streaming business continues to face an overly competitive landscape in the years ahead, highlighted by statements from Warren Buffett.

Warner Bros. Discovery: Still Shuffling

AMC Networks

Streaming stocks have taken center stage, fueled in part by the step-changes brought about during the pandemic years. The convenience of accessing a vast content library of movies, music, podcasts, and other entertainment offerings effectively ushered in a new era, leaving video stores a distant memory.

3 Stocks to Buy That Could Be the Next Streaming Giant

Warner Bros. Discovery is converging its major streaming services.

Where Will Warner Bros. Discovery's Stock Be in 3 Years?

By dropping the premium-sounding HBO name and adding more programming, the Max app aims to draw a wider range of viewers.

Warner Bros. Discovery's 'Max' Streaming Plan Gets Mixed Reviews

Warner Bros. Discovery (WBD) announces MAX, its enhanced streaming service, which is going to release in May 2023.

Warner Bros. Discovery (WBD) Announces Streaming Service MAX

Wall Street eyes the record marketing campaign needed to launch the new ‘Max' service.

Warner's HBO Demotion Will Bring Some Severance Costs

Warner Bros. Discovery, Inc. has officially launched Max, its rebranded streaming platform that combines the best of content from both HBO Max and Discovery+, which will debut in the U.S. on May 23. But momentum in Warner Bros. Discovery shares leading up to the event has since toppled, indicating a mixed response to the highly anticipated development.

The Good, The Bad And The Ugly On Warner Bros. Discovery's Max Rebrand

Fans of Warner Bros Discovery (NASDAQ: WBD ) stock will want to keep an eye on the company for a potential catalyst on May 23. That's when the company intends to launch its new streaming service, which will go by “Max.

Dear WBD Stock Fans, Mark Your Calendars for May 23

Shares of Warner Bros. Discovery dipped nearly 6% today as the company took the wraps off its rebranded streaming service amid a flood of new programming announcements. The venue was the Warner Bros.

Wall Street Shrugs Off Max As WBD Shares Dip 6%

Although an introductory video at Wednesday's Warner Bros Discovery streaming event included clips of NBA star LeBron James and CNN host Anderson Cooper, the rest of the presentation was strikingly sports- and news-free. CEO David Zaslav said the omissions were entirely intentional.

After Deliberately Leaving Sports And CNN Out Of Its Max Rebrand Event, What Does Warner Bros Discovery Have Up Its Streaming Sleeve?

Warner Bros Discovery Inc (NASDAQ:WBD) has unveiled its new streaming service, which combines HBO Max and Discovery+ content in the wake of the WanerMedia-Discovery merger last year. The new service, known as Max, will launch on May 23 to subscribers in the US, with Latin America, Europe, Asia-Pacific (APAC) and other markets to follow in 2024.

News for Warner Bros Discovery Inc Stock (WBD)