Categories Earnings, Technology

Earnings Summary: Warner Bros. Discovery (WBD) reports Q4 2023 results

Warner Bros. Discovery (NASDAQ: WBD), a leading media and entertainment company, has reported financial results for the fourth quarter of 2023.

  • Q4 revenue was $10.28 billion, down 7% from the prior-year quarter on a reported basis and currency-adjusted basis
  • Net loss available to the company was $400 million in the fourth quarter, vs. a loss of $2.10 billion in the year-ago quarter
  • On a per-share basis, the December-quarter loss narrowed to $0.16 from $0.86 in the same period of 2022
  • Total Adjusted EBITDA came in at $2.47 billion in Q4, which is down 5% from the prior year quarter
  • Cash provided by operating activities increased to $3.58 billion; free cash flow moved up to $3.31 billion
  • The company ended the quarter with $4.3 billion of cash on hand and $44.2 billion of gross debt

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates

Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core

AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results

American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher

Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top