Financial Performance Overview

Warner Bros. Discovery Inc. disclosed its financial outcomes for the fourth quarter of fiscal 2024, revealing a revenue of $10.02 billion. This marks a 2% decrease from the previous year's figures, falling short of analysts' expectations.

Net Loss and Subscriber Growth

The company experienced a net loss of $494 million, a significant rise from the $400 million loss reported in the same period of 2023. Despite the financial downturn, Warner Bros. Discovery saw a substantial increase in subscribers, adding 6.4 million compared to the last quarter.

Future Outlook

Looking ahead, Warner Bros. Discovery has chosen not to disclose any forecasts for 2025, leaving investors and analysts in anticipation of the company's next moves.

Market Reaction

In the wake of the earnings report, the company's shares saw a modest increase of 0.19% in premarket trading, reaching $10.52 per share.