Warner Bros. Discovery's Q4 revenue down 2% to $10B - Breaking The News

Warner Bros. Discovery's Q4 revenue down 2% to $10B

27 February

1 min read

EPA-EFE/ALLISON DINNER

Warner Bros. Discovery Inc. announced on Thursday that its revenue in the fourth quarter of fiscal 2024 amounted to $10.02 billion, dropping 2% compared to the same period a year prior. The figure missed analysts' estimates.

The company's net loss stood at $494 million, deepening from a net loss of $400 million reported in the same timeframe in 2023. Meanwhile, the entertainment giant's diluted loss per share landed at $0.20, falling from a diluted loss per share of $0.16 observed in the fourth trimester a year ago. Subscribers saw an increase of 6.4 million compared to the previous quarter. For 2025, the company refrained from provided any information.

Following the release of the report, Warner Bros. Discovery's shares increased by 0.19% in premarket trading to sell at $10.52 apiece.

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