Warner Bros. Discovery Slips To Loss In Q3

(RTTNews) - Warner Bros. Discovery, Inc. (WBD) reported Thursday a net loss attributable to the company for the third quarter of $148 million or $0.06 per share, compared to net income of $135 million or $0.05 per share in the prior-year quarter.

On average, 18 analysts polled expected the company to report a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter decreased 6 percent to $9.05 billion from $9.62 billion in the same quarter last year. Analysts expected revenues of $9.18 billion for the quarter.

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