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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.

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

Earnings data Q2 2024

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.

DC Studio executives have outlined an ambitious slate of five films and five new series based on DC Comics titles.

Warner Bros. Discovery's DC Superheroes to Take On Marvel

Roku

Warners Bros. Discovery has reached deals with Roku and Tubi to license 2,000 hours of movies of TV shows, the companies announced on Tuesday.

Warner Bros. Discovery reaches deals with Roku and Tubi to license 2,000 hours of content, including ‘Westworld'

Warner Bros Discovery Inc has reached deals with streaming services Roku Inc and Fox Corp's Tubi to license 2,000 hours of movies and TV series, as it becomes the latest media company to embrace free, ad-supported streaming TV.

Exclusive: Warner Bros Discovery licenses movies and TV shows to Roku, Tubi

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Warner Bros. Discovery, Inc. has been a crazy quilt construct of synergies that really do not exist from the company's early history. The old WCI created by Steve Ross out of a funeral home to a global entertainment empire reveals age-old flaws in why scale always does not work as believed.

Warner Bros. Discovery: Business Model Flaws Date Way Back To WCI Days

Top-tier content and a renewed corporate focus might attract investor interest.

Is This the Best Streaming Stock for 2023?

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Warner Bros. Discovery's quality over quantity approach will be a key differentiator moving forward. WBD's recent successes with high-budget series like House of the Dragon and The Last of Us bode well for the company.

Warner Bros. Discovery: Quality Over Quantity

WBD's debt load has become a concern for many; however, with no need to refinance or roll any maturities and very little variable rate debt, the company looks well positioned. Management has aggressively paid down debt since the merger, and our analysis indicates that this will continue through 2024.

Warner Bros. Discovery: Pay Attention To These Items In Next Week's Earnings

The entertainment industry is experiencing severe competition for profitability. Warner Bros. Discovery, Inc. lags behind its competitors in the race for profitability.

Warner Bros. Discovery: Loser In The Profit Stakes, Better Alternatives Exist

The streaming industry is becoming increasingly competitive as large entertainment companies vie for market share. In the middle of all of this, Warner Bros.

Warner Bros. Discovery Is Setting Itself Up for Continued Success

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Warner Bros. Discovery (WBD) Stock Undervalued Right Now?

The company is building a FAST platform, while also offering content to its competitors.

What the Smartest Investors Know About Warner Bros. Discovery's Stock

As a long-term investment, WBD offers good value. Its top line is growing fast and profitability should improve as acquisition synergies kick in.

Why Warner Bros Discovery Is the S&P's Hottest Stock

Warner Bros Discovery (WBD) and the European Broadcasting Union (EBU) win the rights to provide linear and streaming coverage of all Olympic Games events from 2026 to 2032.

Warner Bros Discovery (WBD), EBU Win Rights to Air Euro Olympics

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Warner Bros. Discovery (WBD) is exploring buyers for the sale of its music library that could fetch it $1 billion to help reduce its high debt.

Warner Bros. Discovery (WBD) Explores Sale of Music Library

And it's ahead of the curve when it comes to right-sizing its streaming budget.

Warner Bros. Discovery Says It's Done Cutting Your Favorite Shows and Movies

Warner Bros. Discovery (WBD) hikes the rates of its HBO Max?

Warner Bros. Discovery (WBD) Hikes Subscription Fee for HBO Max

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Warner Bros Discovery Inc is exploring a sale of its music library that could be valued at more than $1 billion, the Financial Times reported on Thursday, citing people familiar with the matter.

Warner Bros Discovery explores sale of music library - FT

HBO Max announced Thursday it is raising its subscription prices for the first time since it launched in 2020, following price hikes from competitors Hulu and Apple TV+, as more changes are expected to come to popular streaming services this year.

HBO Max Raises Its Prices For The First Time: Here Are The Changes Coming To Streaming In 2023

The increase precedes the streaming service's expected merger with Discovery+.

HBO Max Lifts Ad-Free Tier's Monthly Price Nearly 7%

Warner Bros. Discovery is increasing the price of ad-free HBO Max to $15.99 from $14.99, the first hike since the streaming service was launched in 2020.

News for Warner Bros Discovery Inc Stock (WBD)