8-KEarnings & ResultsExhibits & Filings

Warner Bros. Discovery, Inc. 8-K Report, Financial Results (May 8, 2018)

Filed May 8, 2018For Securities:WBD

Summary

This 8-K filing by Warner Bros. Discovery, Inc. (WBD), filed on May 8, 2018, is primarily informational, announcing the release of Discovery, Inc.'s earnings for the first quarter ended March 31, 2018. The core of the filing is the incorporation by reference of a press release detailing these financial results. For investors, the key takeaway is that the attached press release (Exhibit 99.1) contains the material information regarding Discovery's operational and financial performance during the specified quarter. Investors interested in the company's financial health, revenue streams, profitability, and any forward-looking statements or guidance from that period would need to refer to the referenced press release.

Key Highlights

  • 1Filing date: May 8, 2018.
  • 2Company reporting: Discovery, Inc. (prior to the Warner Bros. Discovery merger).
  • 3Event date: May 7, 2018.
  • 4Primary purpose: To announce the release of Q1 2018 earnings for Discovery, Inc.
  • 5Key document referenced: Press release dated May 8, 2018 (Exhibit 99.1).
  • 6Content of Exhibit 99.1: Details the results of operations and financial condition for the quarter ended March 31, 2018.
  • 7Investor action required: Refer to Exhibit 99.1 for specific financial performance details.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report that Discovery, Inc. (which later merged to form Warner Bros. Discovery) released its financial results for the first quarter ended March 31, 2018, on May 8, 2018. It incorporates the press release detailing these results.

The actual financial results for the quarter ended March 31, 2018, are contained within the press release dated May 8, 2018, which is attached as Exhibit 99.1 to this 8-K filing and incorporated by reference.

This filing is from Discovery, Inc. in May 2018, prior to its significant merger with WarnerMedia, which ultimately formed the current Warner Bros. Discovery (WBD) entity. Therefore, it reflects the financial performance of Discovery, Inc. as a standalone company at that time.

This 8-K filing itself does not detail specific financial metrics. It only announces that the Q1 2018 earnings were released and points investors to the referenced press release (Exhibit 99.1) for those details.