Warner Bros. Discovery Q1 Earnings Miss, Revenues Decline Y/Y

Warner Bros. Discovery (WBD) reported a first-quarter 2025 loss of 18 cents per share that missed the Zacks Consensus Estimate by 50%. The company had incurred a loss of 40 cents in the year-ago quarter. Revenues decreased 10% year over year to $8.98 billion, which missed the Zacks Consensus Estimate by 7.34%. Ex-forex revenues fell 9% year over year. Advertising revenues decreased 8% year over year to$ 1.98 billion. Distribution revenues declined 2% year over year to $4.89 billion. Content revenues plunged ...