Categories: Entertainment

Warner Bros Discovery misses quarterly revenue estimates

(Reuters) -Warner Bros Discovery fell short of Wall Street estimates for quarterly revenue on Thursday, squeezed by lackluster growth in its streaming unit and persistent declines in its cable TV business. The media conglomerate reported total revenue of $9.05 billion in the third quarter ended September, compared with analysts' average estimate of $9.15 billion, according to data compiled by LSEG. (Reporting by Deborah Sophia in Bengaluru; Editing by Anil D'Silva)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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