Warner Bros. Discovery (WBD) reported a Q4 net loss Thursday of $0.20 per diluted share, widening from a loss of $0.16 a year earlier.
Analysts surveyed by FactSet expected a loss of $0.02.
Revenue for the quarter ended Dec. 31 was $10.03 billion, compared with $10.28 billion a year earlier.
Analysts surveyed by FactSet expected $10.18 billion.
Shares of Warner Bros. Discovery were up 1% in recent premarket activity.