Warner Bros. Discovery Posts Streaming Profit of $289 Million in Q3 as Subs Grow to 110.5 Million
Warner Bros. Discovery posted a streaming profit of $289 million during its third quarter of 2024 after posting its largest ever quarterly growth in subscribers since the launch of Max, topping 110 million globally. Net income: $135 million, compared to a loss of $417 million a year ago.
Warner Bros. Discovery, Inc. Q3 Earnings Summary
Below are the earnings highlights for Warner Bros. Discovery, Inc. (WBD): Earnings: $135 million in Q3 vs. -$417 million in the same
Warner Bros. Discovery delivers Q3 profit but revenue misses estimates
Warner Bros. Discovery (NASDAQ:WBD) rose slightly in the Thursday premarket trade after the company posted mixed results for the third quarter of fiscal 2024. The mass media giant reported Q3 earnings per share (EPS) of $0.
Warner Bros. Discovery: Q3 Earnings Snapshot
Discovery, Inc. (WBD) on Thursday reported third-quarter earnings of $135 million. The New York-based company said it had profit of 5 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
Behind the Warner Bros. Discovery-Paramount deal that never was
David Zaslav wanted to run Paramount. David Ellison is getting it instead. We now know a lot of the backstory on how that happened.
AMC Entertainment: Q3 Earnings Snapshot
AMC Entertainment Holdings Inc. (AMC) on Wednesday reported a third-quarter loss of $20.7 million, after reporting a profit in the same period a year earlier. The Leawood, Kansas-based company said it had a loss of 6 cents per share.
Cogent: Q3 Earnings Snapshot
Cogent Communications Group Inc. (CCOI)
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said its streaming platform Max added 7.2 million subscribers during the third quarter.
Warner Bros Discovery misses revenue estimates on weakness in studio unit
Warner Bros Discovery missed Wall Street estimates for third-quarter revenue on Thursday, as its studio business took a hit ...
Warner Bros. Discovery Sees Streaming Subs Rocket To 110 Million As International Rollout Gathers Pace, But Q3 Revenues Dip With Box Office Down
Warner Bros Discovery added more than seven million net subscribers in Q3 2024 to reach 110.5 million, as its international ...
Warner Bros. Discovery Grows DTC Profit to $289M, Streaming Subs to 110.5M, Led by Olympics
The David Zaslav-led conglomerate posted its third-quarter results. By Georg Szalai Global Business Editor Warner Bros.
Warner Bros. Discovery Adds 7 Million Streaming Subs in Q3 to Hit 110 Million as Box Office Dives 40% in ‘Barbie'-Less Summer
Warner Bros. Discovery reported its third-quarter 2024 earnings results Thursday. The July 1-Sept. 30 period concluded with WBD's HBO, Max and Discovery+ boasting more than 110 million global ...
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Warner Bros. Discovery Swings to 3Q Profit on Strong Streaming Growth
Warner Bros. Discovery saw a surprise profit in the third quarter as it posted better-than-expected growth in streaming subscribers. Warner Bros. Discovery posted a profit of $135 million, ...
Warner Bros. sees Harry Potter having as many incarnations as Batman
It calls to mind a quote from another Harry Potter person—Miriam Margoyles, who played Professor Sprout. “They should be over ...
Warner Bros. Discovery to report earnings amid linear TV declines, loss of key NBA rights
Warner Bros. Discovery (WBD) will report third quarter earnings before the bell on Thursday as the media giant struggles with ...
Warner Bros. Discovery Inc. Series A stock rises Tuesday, still underperforms market
Warner Bros. Discovery Inc. Series A closed $4.49 below its 52-week high ($12.70), which the company achieved on December ...