Warner Bros. Discovery Inc. reported sales and profit that fell short of analysts’ expectations as the entertainment giant wrestled with lower TV ad sales and poor performance of video games.

Warner Bros. Discovery reported its first-quarter 2024 earnings Thursday, revealing it had reached 99.6 million streaming subscribers in a tough quarter for studios and networks.

Warner Bros Discovery posted a quarterly loss that was larger than expected as advertising sales slumped at its cable TV unit and the studio segment contended with the fallout of last year's Hollywood strikes and poor demand for a "Suicide Squad" game.

Warner Bros. Discovery's revenue fell more than estimated in the first quarter and the entertainment conglomerate reported a wider-than-expected net loss.

Warner Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio segment struggled with the twin effects of last year's Hollywood strikes and poor sales of a "Suicide Squad" videogame.

Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines. Here is how Warner Bros. Discovery performed, compared with estimates from analysts surveyed by LSEG: Also on Thursday the company announced a $1.

Warner Bros. Discovery’s (NASDAQ:WBD) losses narrowed in Q1 with a loss of $0.40 per share, compared to a loss of $0.44 per share in the same