Revenue segments as reported by the company.

Advertising

Distribution

Other

Content

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Impairment of goodwill and other intangible assets

Restructuring and other charges

Impairments and loss on dispositions

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 has named attorney Daniel E. Sanchez, the nephew of John Malone, to its board effective Oct. 1. The WBD board voted at its last meeting to expand the number of directors to 12. Sanchez will stand for election at the 2025 annual shareholders meeting next summer.

Warner Bros. Discovery Names John Malone's Nephew To Its Board

LOS ANGELES, CA / ACCESSWIRE / September 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Is Looking Into Warner Bros. Discovery, Inc. For Possible Securities Fraud And Shareholders With Losses Should Reach Out

Broadcom

Super Micro Computer

Vistra Energy

Broadcom, Warner Bros. Discovery, Super Micro Computer, Vistra and AES Corp are included in this Analyst Blog.

The Zacks Analyst Blog Broadcom, Warner Bros. Discovery, Super Micro Computer, Vistra and AES Corp

LOS ANGELES, CA / ACCESSWIRE / September 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros Discovery Inc May Have Violated Securities Laws And Affected Investors Are Encouraged To Help The Schall Law Firm Investigate

Warner Bros. Discovery CEO David Zaslav's comments at the Goldman Sachs Communacopia + Technology Conference significantly boosted the stock price. Zaslav's announcement of growth plans signals an end to write-offs. Zaslav's story was backed up with preliminary results and examples to give credence that the growth strategy has begun.

Warner Bros. Discovery: The CEO Comments

Wall Street surged last week marking strong weekly gains as market watchers raised its expectations for a significant interest rate cut by the Federal Reserve.

5 Stocks That Led the SPY ETF to Log Its Best Week in 2024

LOS ANGELES, CA / ACCESSWIRE / September 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Invites Shareholder Participation In A Securities Fraud Inquiry Into Warner Bros. Discovery, Inc.

Wall Street has its eyes on Warner Bros (NASDAQ: WBD) as the stock becomes one of the most actively traded equities on the market, driven by a surge in volume and price.

Wall Street bets big on this stock right now

Dell Technologies

Netflix

Skyworks Solutions

The Nasdaq 100 closed higher by around 0.5% during Friday's session. Investors, meanwhile, focused on some notable insider trades.

Netflix, Dell And 2 Other Stocks Executives Are Selling

LOS ANGELES, CA / ACCESSWIRE / September 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros Discovery Inc Is Being Investigated For Possible Securities Law Violations And Investors Are Encouraged To Contact The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / September 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Invites Shareholders To Participate In An Inquiry Into Warner Bros. Discovery, Inc. For Securities Fraud

Warner Bros. Discovery faces declining earnings due to reduced linear TV viewership and significant debt, making deleveraging challenging. The loss of NBA broadcasting rights will likely accelerate Networks' decline, impacting profitability and extending the timeline. The economic downturn risks further revenue contraction, complicating Warner Bros' ability to meet leverage targets and reinstate shareholder returns.

Warner Bros. Discovery: The Risks Are Mounting (Downgrade)

Charter Communications

Warner Bros. Discovery and its besieged CEO David Zaslav finally have reason to celebrate in 2024.

Warner Bros. Discovery's Carriage Deal With Charter Cools Heat Under David Zaslav's Seat

LOS ANGELES, CA / ACCESSWIRE / September 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros Discovery Inc Is Being Investigated By The Schall Law Firm And Investors Are Encouraged To Lend A Hand

Warner Bros. Discovery (WBD) shares soared 10% on Thursday, the top performance in the S&P 500, after the entertainment giant renewed its distribution deal with Charter Communications (CHTR), the nation's largest pay TV company.

Warner Bros. Discovery Stock Jumps After Renewed Distribution Deal With Charter

Warner Bros. Discovery's stock experienced one of its strongest days of trading in recent months on Thursday, after the media conglomerate announced a deal with Charter Communications that will bring the Max streaming service to standard cable packages.

Warner Bros. Discovery Shares Jump 10% After Adding Max To Charter Cable Bundle

Warner Bros Discovery expects to add more than 6 million subscribers to its Max streaming platform in the third quarter, as the service continues to build momentum in international markets.

Warner Bros Discovery expects more than 6 mln new Max subscribers in third quarter

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Goldman Sachs Communacopia + Technology Conference September 12, 2024 1:10 PM ET Company Participants David Zaslav - President & Chief Executive Officer Conference Call Participants Mike Ng - Goldman Sachs Mike Ng Thank you, everybody.

Warner Bros. Discovery, Inc. (WBD) Goldman Sachs Communacopia + Technology Conference (Transcript)

Charter Communications will provide Warner Bros Discovery's Max streaming service and Discovery+ at no additional charge, the companies said on Thursday, potentially boosting the cable and broadband company's user base.

Charter adds Warner Bros Discovery's streaming service at no extra charge

LOS ANGELES, CA / ACCESSWIRE / September 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Has Launched An Inquiry Into Warner Bros. Discovery, Inc. For Securities Law Infractions And The Firm Seeks Shareholder Participation

Partnership Between Two of the Largest Media and Distribution Companies Combines Linear Video and Direct-to-Consumer Streaming Services for Maximum Customer Value  NEW YORK and STAMFORD, Conn. , Sept. 12, 2024  /PRNewswire/ -- Warner Bros.

WARNER BROS. DISCOVERY AND CHARTER COMMUNICATIONS ANNOUNCE EARLY RENEWAL AGREEMENT THAT FURTHER REIMAGINES THE FUTURE OF VIDEO

Warner Bros. Discovery's robust free cash flow and debt reduction efforts make it an attractive investment, despite current earnings headwinds and intangible asset uncertainties. Analysts project profitability by 2025-2026, making cash-secured put options with a $6 strike price a viable strategy for income and potential share acquisition. Investors should be cautious of further impairment write-downs and earnings volatility but can navigate risks with cash-secured put options for income and downside protection.

Warner Bros. Discovery: An Income Option To Dodge Volatility

LOS ANGELES, CA / ACCESSWIRE / September 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros Discovery Inc Might Have Violated Securities Laws And Investors Are Urged To Join The Schall Law Firm's Investigation

LOS ANGELES, CA / ACCESSWIRE / September 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

The Schall Law Firm Has Launched An Inquiry Into Warner Bros Discovery, Inc. For Committing Securities Related Infractions And The Firm Invites Shareholders To Help

LOS ANGELES, CA / ACCESSWIRE / September 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Warner Bros. Discovery, Inc. ("Warner Bros.

News for Warner Bros Discovery Inc Stock (WBD)