10-QPeriod: Q1 FY2009

Warner Bros. Discovery, Inc. Quarterly Report for Q1 Ended Mar 31, 2009

Filed May 4, 2009For Securities:WBD

Summary

Warner Bros. Discovery, Inc. (WBD) filed its quarterly report for the period ending March 30, 2009. This 10-Q provides a look into the company's financial performance and condition during the first quarter of 2009, a period marked by the ongoing global economic challenges. Investors should pay close attention to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" (MD&A) for detailed insights into the factors driving revenue, expenses, and profitability. Key areas to examine will include the performance of WBD's various business segments, its liquidity position, and any significant changes in its capital structure. The report also outlines potential risks and legal proceedings that could impact future financial results, offering a comprehensive view of the company's operating environment.

Financial Highlights

27 data points
Beta

Revenue

$806.00M

69.1% Gross Margin

Net Income

$119.00M

14.8% Net Margin

EPS (Diluted)

$0.28

Cash & Equivalents

$142.00M

Free Cash Flow

$132.00M

Financial Statements
Beta
Revenue$806.00M
Cost of Revenue$249.00M
Gross Profit$557.00M
SG&A Expenses$274.00M
Operating Expenses$567.00M
Operating Income$251.00M
Interest Expense$57.00M
Net Income$119.00M
EPS (Basic)$0.28
EPS (Diluted)$0.28
Shares Outstanding (Diluted)422.00M

Key Highlights

  • 1The filing includes condensed consolidated financial statements for the three months ended March 31, 2009, compared to the same period in 2008, providing year-over-year performance data.
  • 2Management's Discussion and Analysis (MD&A) is a critical section for understanding operational performance, financial condition, and the impact of market conditions.
  • 3Key financial statements presented are the Consolidated Balance Sheets, Statements of Operations, Statements of Cash Flows, and Statements of Equity.
  • 4The report details quantitative and qualitative disclosures regarding market risk, informing investors about the company's exposure to various financial risks.
  • 5Part II of the filing addresses other important information, including legal proceedings, risk factors, unregistered sales of equity, and defaults upon senior securities, which are crucial for a holistic investment assessment.
  • 6This filing reflects the financial status and operational outlook of Warner Bros. Discovery, Inc. during a significant economic downturn in 2009.

Frequently Asked Questions

This 10-Q includes the Condensed Consolidated Balance Sheets as of March 31, 2009, and December 31, 2008, as well as the Condensed Consolidated Statements of Operations, Cash Flows, and Equity for the three months ended March 31, 2009, and 2008.

The "Management's Discussion and Analysis of Financial Condition and Results of Operations" (Item 2) is the primary section for understanding the company's performance drivers, significant trends, liquidity, and capital resources.

Risk factors are detailed in Item 1A. Investors should review this section to understand potential challenges and uncertainties that could affect the company's future financial performance, such as those related to the economic climate, competitive landscape, and regulatory environment.

Yes, Item 1, "Legal Proceedings," will provide information on any material legal actions or proceedings that the company is currently involved in, which could have a financial impact.