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Warner Bros Discovery misses quarterly revenue estimates
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Warner Bros Discovery misses quarterly revenue estimates
Aug 7, 2024 1:25 PM

(Reuters) -Warner Bros Discovery ( WBD ) missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a studio slump after its highly anticipated film "Furiosa: A Mad Max Saga" had a weak box-office run.

Shares of the company fell 8% in trading after the bell.

The media giant reported revenue of $9.71 billion in the second quarter on Wednesday, compared to analysts' estimate of $10.07 billion, according to LSEG data.

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