Media and leisure firm Warner Bros. Discovery (NASDAQ: WBD) on Thursday reported a revenue for the second quarter of fiscal 2025, in comparison with a loss final 12 months.
- Second-quarter revenues elevated modestly from final 12 months to $9.8 billion, each on a reported and currency-adjusted foundation
- Distribution income remained broadly unchanged, as development in international streaming subscribers was offset by a decline in home linear pay TV subscribers
- Promoting income dropped 10% ex-FX in Q2, as ad-lite streaming subscriber development was greater than offset by home linear viewers declines
- Content material income rose 16% ex-FX, primarily pushed by increased field workplace revenues amid sturdy efficiency of the theatrical releases
- Internet earnings out there to the corporate was $1.6 billion, in comparison with a lack of $9.9 billion in Q2 2024
- On a per-share foundation, earnings have been $0.63 in Q2, vs. a lack of $4.07 within the comparable quarter final 12 months
- Adjusted EBITDA elevated 9% year-over-year to $1.95 billion through the three months
