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Warner Bros. Discovery Reports $494 Million Quarterly Loss
By USinMinutes - Feb 27, 2025, 07:06 AM ET
Last Updated - Feb 27, 2025, 07:58 AM EST
The company records $10 billion revenue for Q4 ended Dec 31, 2024
Warner Bros. Discovery, Inc. [WBD] reported $494 million loss for Q4 ended Dec 31, 2024, showing a decrease of $94 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 27, 2025 that it generated revenue of $10 billion for the period, showing a decrease of $257 million in the same quarter of the previous year.
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The company's loss increased by 23.5% from $400 million in the last quarter.
The revenue decreased 2.5% from $10.3 billion in the same quarter of the previous year.
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