Warner Bros. Discovery heckled on Wall Street







Photo credit © UzirePictures

(Boursier.com) — Warner Bros. Discovery reported revenues of $10.3 billion and a loss per share of 16 cents for its fourth fiscal quarter. The consensus was for an adjusted loss of 7 cents per share on $10.34 billion in revenue. However, the group says it is on track to reach $1 billion in Ebitda in 2025 for the Max business. The market reaction is negative for the moment on Wall Street.


©2024 Boursier.com






Source link -87