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On Thursday, Warner Bros. Discovery, Inc (NASDAQ: WBD) reported a fiscal fourth-quarter revenue decline of 1% ex-FX year-on-year to $10.03 billion, marginally missing the analyst consensus estimate of $10.19 billion.
Warner Bros. Discovery (WBD) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of $0.04.
Tom Rogers, Claigrid executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Warner Bros. Discovery's quarterly earnings results, strength of its streaming business, stabilization of its cable business, and more.
Warner Bros. Discovery (WBD -1.78%), an entertainment conglomerate known for its significant media and streaming assets, released its fourth-quarter results on February 27, 2025.
Warner Bros. Discovery (WBD) reported weaker-than-expected fourth-quarter results, but shares rose in premarket trading Thursday on an upbeat streaming outlook.
The entertainment and media company reported its fourth-quarter earnings ahead of Thursday's opening bell.
Warner Bros. Discovery linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter. Revenue eased 1% to $10 billion, shy of Wall Street forecasts. Net Some $1.
Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers.
Warner Bros. Discovery touted its “disciplined” sports strategy, saying sports is an area where it is responding “tenaciously and creatively” to ongoing pay-TV declines. The company made the remarks in its quarterly letter to shareholders, released along with financial results for the fourth quarter, which were mixed.
Warner Bros Discovery said on Thursday its streaming service will have at least 150 million users by 2026, after Max's global expansion powered stronger-than-expected subscriber gains in the fourth quarter.