Warner Bros Discovery misses quarterly revenue estimates

08/07/2024

Less than a minute

2024.08.07 16:36

(Reuters) -Warner Bros Discovery (NASDAQ:) missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a studio slump after its highly anticipated film “Furiosa: A Mad Max Saga” had a weak box-office run.

© Reuters. FILE PHOTO: The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard/File Photo

Shares of the company fell 8% in trading after the bell.

The media giant reported revenue of $9.71 billion in the second quarter on Wednesday, compared to analysts’ estimate of $10.07 billion, according to LSEG data.

08/07/2024

Less than a minute

Bitcoin (BTC) $ 101,974.32 1.56%

Ethereum (ETH) $ 2,546.02 4.09%

Tether (USDT) $ 1.00 0.02%

XRP (XRP) $ 2.47 4.00%

BNB (BNB) $ 645.26 2.17%

Solana (SOL) $ 171.63 5.55%

USDC (USDC) $ 1.00 0.00%

Dogecoin (DOGE) $ 0.225428 5.30%

Cardano (ADA) $ 0.775973 5.49%

TRON (TRX) $ 0.270123 1.92%

Lido Staked Ether (STETH) $ 2,545.98 4.31%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 101,880.30 1.80%

Sui (SUI) $ 3.74 6.35%

Chainlink (LINK) $ 16.34 5.20%

Wrapped stETH (WSTETH) $ 3,053.15 3.87%

Avalanche (AVAX) $ 23.80 8.83%

Stellar (XLM) $ 0.297234 4.82%

Shiba Inu (SHIB) $ 0.000015 7.10%

hedera-hashgraph

Hedera (HBAR) $ 0.199477 6.70%

LEO Token (LEO) $ 8.87 0.49%

Hyperliquid (HYPE) $ 24.47 5.14%

the-open-network

Toncoin (TON) $ 3.16 6.66%

Bitcoin Cash (BCH) $ 391.51 3.96%

Litecoin (LTC) $ 96.58 7.47%

Polkadot (DOT) $ 4.81 6.81%

USDS (USDS) $ 1.00 0.00%

WETH (WETH) $ 2,539.18 4.86%

Monero (XMR) $ 343.01 0.31%

Pi Network (PI) $ 0.850587 28.94%

Wrapped eETH (WEETH) $ 2,710.96 4.43%

Pepe (PEPE) $ 0.000013 5.42%

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.37%

Bitget Token (BGB) $ 4.64 4.05%

Ethena USDe (USDE) $ 1.00 0.23%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 101,889.30 1.74%

WhiteBIT Coin (WBT) $ 30.22 0.38%

Uniswap (UNI) $ 6.40 6.16%

Bittensor (TAO) $ 425.47 8.07%

Dai (DAI) $ 1.00 0.02%

NEAR Protocol (NEAR) $ 2.90 9.36%

Aptos (APT) $ 5.55 8.04%

Aave (AAVE) $ 224.40 3.82%

OKB (OKB) $ 53.74 1.72%

Ondo (ONDO) $ 0.971282 5.76%

jito-staked-sol

Jito Staked SOL (JITOSOL) $ 205.40 5.86%

Kaspa (KAS) $ 0.113147 7.31%

Ethereum Classic (ETC) $ 19.18 5.84%

internet-computer

Internet Computer (ICP) $ 5.44 7.52%

tokenize-xchange

Tokenize Xchange (TKX) $ 36.10 0.64%

blackrock-usd-institutional-digital-liquidity-fund

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%