Viewpoint Network News: On February 26, Warner Bros. Discovery announced that its adjusted core EBITDA for the fourth quarter was $2.22 billion, down 19% year-over-year, but above analysts’ expectations of $2.11 billion; revenue was $9.46 billion, down 5.7% year-over-year, also exceeding expectations.
Currently, Warner Bros. Discovery is becoming a target in the ongoing acquisition battle between Paramount’s Sky and Netflix.
Disclaimer: The content and data in this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.
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Warner Bros. Q4 revenue decreased by 5.7% year-over-year to $9.46 billion
Viewpoint Network News: On February 26, Warner Bros. Discovery announced that its adjusted core EBITDA for the fourth quarter was $2.22 billion, down 19% year-over-year, but above analysts’ expectations of $2.11 billion; revenue was $9.46 billion, down 5.7% year-over-year, also exceeding expectations.
Currently, Warner Bros. Discovery is becoming a target in the ongoing acquisition battle between Paramount’s Sky and Netflix.
Disclaimer: The content and data in this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.