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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

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.

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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Earnings Previews: BioNTech, Tyson Foods, Warner Bros Discovery

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NEW YORK — The first Hollywood strike in 15 years began Tuesday as the economic pressures of the streaming era prompted unionized TV and film writers to picket for better pay outside major studios, a work stoppage that already is leading most late-night shows to air reruns.

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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.

Earnings Preview: Warner Bros. Discovery (WBD) Q1 Earnings Expected to Decline

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

Why Warner Bros. Discovery Stock Could Rally

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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'

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

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

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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.

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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.

News for Warner Bros Discovery Inc Stock (WBD)