‘Barbie’ brought in $1.5 billion for Warner Bros. Discovery, but the company still lost money last quarter

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Blockbuster hit Barbie lifted revenues at Warner Bros. Discovery, the owner of CNN, in the third quarter, although its

Blockbuster hit “Barbie” brought in a record $1.5 billion for Warner Bros. Discovery, but the company still reported a $417 million loss for the quarter that was bigger than Wall Street’s forecasts. Warner Bros. Discovery, the owner of CNN, needed the revenue boost from “Barbie” to achieve a narrow 2% increase in sales.

The company’s revenue came in at just under $2 billion for the quarter. The company’s net loss marked an improvement from the $2.3 billion loss it reported in the same quarter a year earlier. But its loss per share of 17 cents was larger than the forecast of a 6-cent-a-share loss expected by analysts surveyed by Refinitiv. This is a developing story. It will be updated.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости