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Dec 31, 2022
Warner Bros Discovery Q4 2022 Earnings Report
Warner Bros. Discovery's Q4 results reflected a decrease in revenue and a net loss, but showed growth in DTC subscribers and significant free cash flow.
Key Takeaways
Warner Bros. Discovery reported Q4 2022 results with total revenues of $11.008 billion, a net loss of $(2,101) million, and adjusted EBITDA of $2,603 million. The company saw an increase in global DTC subscribers to 96.1 million and reported free cash flow of $2,482 million.
Total revenues were $11,008 million, decreased 9% ex-FX compared to the prior year quarter.
Net loss was $(2,101) million, including $1,850 million of pre-tax amortization and $1,198 million of pre-tax restructuring expenses.
Adjusted EBITDA was $2,603 million, decreased 2% ex-FX compared to the prior year quarter.
Global DTC subscribers increased 1.1 million to 96.1 million.
Warner Bros Discovery
Warner Bros Discovery
Warner Bros Discovery Revenue by Segment
Revenue by Segment
Studios Revenue
CapyFin.com Forward Guidance
Details on 2023 outlook will be discussed on the quarterly earnings conference call.