Analysts react positively to Warner Bros. Discovery's Q3 amid strong Ebitda and FCF beats
The company posted a loss per share of 17 cents, beating the estimate of a loss per share of 11 cents.
Advertising revenue amounted to $1.80 billion, while WBD reported a total of 95.1 million subscribers, just below the estimate of 95.54 million. Another big positive was that WBD generated a free cash flow of $2.06 billion, nearly $300 more than what the analysts were expecting.
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