NEW YORK (AP) — NEW YORK (AP) — Warner Bros. Discovery, Inc. (WBD) on Thursday reported second-quarter net income of $149 million.
On a per-share basis, the New York-based company said it had profit of 6 cents.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The operator of cable TV channels such as TLC and Animal Planet posted revenue of $8.72 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $9.29 billion.
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