WBD Q3 2019 Earnings — Warner Bros. Discovery, Inc. Revenue & Financial Results | Market Cap Arena

WBDWarner Bros. Discovery, Inc.

$69B

Q3 2019 Earnings

Communication Services Entertainment

Income Statement

Revenue

$2.7B+3.3% YoY

Gross Profit

$1.8B65.9% margin

Operating Income

$619M23.1% margin

Net Income

$262M9.8% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$951M

Free Cash Flow

$884M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$32.8B

Total Liabilities

$21.2B

Stockholders' Equity

$9.5B

Cash & Equivalents

$813M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.6B	+3.3%
Gross Profit	$1.8B	$1.7B	+6.4%
Operating Income	$619M	$369M	+67.8%
Net Income	$262M	$117M	+123.9%

Revenue Segments

Advertising

$1.4B53%

Distribution Revenue

$1.2B45%

Service, Other

$64M2%