
Warner Bros. Discovery Inc (NASDAQ:WBD) shares are trading lower by 4.91% at $20.44 after the company reported first-quarter financial results.
Warner Bros. Discovery reported quarterly earnings of 69 cents per share, up from 21 cents year-over-year. The company also reported $3.16 billion in sales this quarter, representing an increase over sales of $2.79 billion in the same period last year.