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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

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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 Cutting Its Freshest Content; Here's Why That's a Smart Move

And who knows? Maybe Zas' streaming business might soon pick up.

Can David Zaslav's new Warner Bros. Discovery deals work?

Investors appear to be losing faith in management's growth strategy.

Warner Bros. Discovery Stock Plunged.

Warner Bros. Discovery Friday detailed its charges for the second quarter that included a combined $825 million hit on the content side, including $496 million for content impairment and $329 million for content development write-downs, as well as $208 million for employee terminations for the three months ended June.

Warner Bros. Discovery Took $825M Hit For Content Write-Downs, $208M For Layoffs In Q2

Investors on the Warner Bros. Discover earnings call on August 4 were looking for exciting news about the new streaming service the company plans to debut.

Warner Bros. Discovery Not Putting All Of It's Eggs In One Streaming Basket

The stock price of Warner Bros. Discovery (WBD) fell over 16% during intraday trading today.

Warner Bros. Discovery (WBD) Stock: Why It Fell Over 16% Today

On Thursday, executives at Warner Bros. Discovery announced that HBO Max and Discovery Plus would merge into a single streaming service.

HBO Max and Discovery+ will merge into a new streaming service by next year

Warner Bros. Discovery's (WBD) Q2 results reflect improving advertising and distribution revenues, partially offset by higher operating expenses.

Warner Bros. Discovery's (WBD) Q2 Earnings Decline Y/Y

Canceled movies and a modest long-term subscriber target show new HBO Max owner is serious about playing smart.

Warner Gets Really Real With Streaming Plan

Why Is Warner Bros. Discovery (WBD) Stock Down 14% Today?

Media concern Warner Bros Discovery Inc (NASDAQ:WBD) is plummeting ahead of the open, last seen down 13% at $15.21, following mixed second-quarter results.

Revenue Miss Sends Warner Bros Discovery Stock Spiraling

Shares of Warner Bros. Discovery WBD, +4.61% were falling more than 10% in premarket trading Friday after the media giant fell way short of revenue expectations and posted a sizable loss.

Warner Bros. Discovery stock downgraded amid 'a lot of post-merger growing pains'

HBO Max and Discovery+ are to be merged as Warner Bros Discovery Inc (NASDAQ:WBD) announced a new strategy taking aim at streaming market rivals and Marvel franchises. In an effort to emulate the success of rival Brand Marvel (TSX-V:BMW), Warner Bros executives are reportedly reshaping the DC superhero franchises, which include Wonder Woman, Superman, and Aquaman, and developing a 10-year plan.

Warner Bros Discovery pushes reset button in a bid to catch Marvel

Warner Bros. Discovery, Inc. (NASDAQ:WBD ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Andrew Slabin - Executive Vice President, Global Investor Strategy David Zaslav - President and Chief Executive Officer Gunnar Wiedenfels - Chief Financial Officer Jean-Briac Perrette - Chief Executive Officer and President, Global Streaming and Games Conference Call Participants Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America Securities Doug Mitchelson - Credit Suisse Ben Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Michael Morris - Guggenheim John Hodulik - UBS Jason Bazinet - Citi Group Doug Creutz - Cowen & Co Operator Good afternoon ladies and gentlemen.

Warner Bros. Discovery, Inc. (WBD) CEO David Zaslav on Q2 2022 Results - Earnings Call Transcript

Unlike WarnerMedia's last CEO, new chief David Zaslav is embracing movie theaters and traditional cable TV instead of taking a streaming-first attitude.

Warner Bros. Discovery CEO David Zaslav embraces the past as he plans his company's future

Warner Bros. Discovery revealed its second-quarter results — its first quarterly earnings since the $43 billion merger.

HBO, HBO Max and Discovery+ report a combined total of 92.1M subscribers, plans for major restructuring

Revenue and earnings missed estimates, while streaming subscriber growth on HBO Max and Discovery slowed. Merger-related costs added up.

Warner Bros. Discovery's First Quarter as Combined Company Was Ugly

The new streaming service will launch in the U.S. in 2023.

HBO Max And Discovery+ Will Combine Into One Streaming Service

WarnerBros. Discovery posted weaker-than-expected second quarter earnings Thursday amid a firestorm of speculation about a restructuring at the company that would cull costs.

WarnerBros. Discovery misses on Q2 earnings amid restructuring speculation

Warner Bros. Discovery expects to launch its combined HBO Max/Discovery+ streaming service in the U.S. next summer. JB Perrette, CEO and President, Global Streaming and Interactive, WBD, revealed the news on the company's earnings call. “Our primary focus for the rollout will be in the markets where HBO Max has already launched,” he said.

Warner Bros. Discovery: HBO Max & Discovery+ Combined Streamer To Launch In U.S. In Summer 2023

Warner Bros. Discovery Inc said on Thursday it would merge the HBO Max streaming service with Discovery+ as a single offering, combining WarnerMedia's dramas, comedies and movies with Discovery's reality shows.

Warner Bros. Discovery to combine HBO Max, Discovery+

In its first earnings report since bringing in HBO Max and other WarnerMedia properties, Warner Bros. Discovery Inc. on Thursday missed revenue expectations by roughly $2 billion and reported a large loss due to charges related to the combination, sending its stock south.

Warner Bros. Discovery stock slammed after earnings debut

Newly minted Warner Bros. Discovery posted hefty losses and $9.8 billion in revenue at its landmark first earnings report since Warner Media and Discovery formally tied the knot. That April 8 deal marks a major shift in the media landscape with the combined company publicly starting to take shape today.

Warner Bros. Discovery Posts DTC Subscribers Of 92M In First Quarterly Report Since Merger; $2B Net Loss Includes Hefty Restructuring Charge

AT&T

NEW YORK & DALLAS--(BUSINESS WIRE)--AT&T and Warner Bros. Discovery today announced an agreement that will allow AT&T to continue to offer internet and mobility customers access to HBO Max's portfolio of original programming and series. “HBO Max is a great product that is popular with our customers, and we like the fact that we're viewed as being the place to come to get it,” said Jenifer Robertson, EVP & General Manager - Mass Markets, AT&T Inc. “This adjusted agreement represe

AT&T and Warner Bros. Discovery Announce Distribution Agreement for HBO Max

Warner Bros. Discovery Inc reported a 1% fall in pro forma quarterly revenue on Thursday, hit by weakening ad spending as the newly merged company reconfigures overlapping businesses from WarnerMedia and Discovery.

News for Warner Bros Discovery Inc Stock (WBD)