Warner Bros. Discovery Q1 earnings miss expectations: revenue falls 7%, but streaming grows strong

Warner Bros. Discovery, Inc., the U.S.-based multinational mass media and entertainment conglomerate announced its earnings today for the first quarter of FY24. The company generated a revenue of $9.958 billion, contradictory to experts’ expectations of $10.27 billion, with a 7% decrease as compared with the $10.70 billion earned in the first quarter of the previous […]