Media and leisure firm Warner Bros. Discovery (NASDAQ: WBD) on Thursday reported a internet loss for the third quarter of fiscal 2025, in comparison with a revenue final yr.
- Complete revenues had been $9.0 billion within the third quarter, down 6% from the prior yr quarter
- Revenues, excluding the influence of the 2024 Olympics, had been flat in comparison with the prior yr quarter
- Distribution revenues decreased 4%, and Promoting revenues dropped 17% YoY throughout the quarter
- Internet loss obtainable to the corporate was $148.0 million in Q3, together with $1.3 billion of pre-tax acquisition-related bills, vs. a revenue of $135 million in Q3 2024
- On a per-share foundation, Q3 loss was $0.06, in comparison with earnings of $0.05 per share within the year-ago interval
- Complete Adjusted EBITDA rose 2% year-over-year to $2.5 billion within the September quarter, reflecting development within the Streaming and Studios segments
- The corporate recorded money supplied by working actions of $1.0 billion and free money stream of $0.7 billion in Q3
- Warner Bros. ended the quarter with 128.0 million streaming subscribers, a rise of two.3 million subscribers sequentially
