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home / news releases / WBD - Warner Brothers Discovery: Deleveraging Key To Shares Rallying

WBD - Warner Brothers Discovery: Deleveraging Key To Shares Rallying

Warner Bros. Discovery Inc.

2024-05-12 14:33:10 ET

Summary

  • Warner Brothers Discovery (WBD) reported a decline in revenue and improved operating loss in its Q1 earnings.
  • WBD paid down $1 billion of debt and is generating healthy cash flows, leading to debt reduction and lower interest expenses.
  • Analysts expect WBD to achieve profitability in the second half of the year and management has set a $1 billion EBITDA goal for 2025.

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For further details see:

Warner Brothers Discovery: Deleveraging Key To Shares Rallying
Stock Information
Company Name: Warner Bros. Discovery Inc.
Stock Symbol: WBD
Market: NASDAQ
Website: corporate.discovery.com
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