Warner Bros. Discovery, Inc. (WBD) CEO David Zaslav on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-08-04 Earnings Summary

EPS of -$0.57 misses by $0.58
 | Revenue of $10.82B (253.46% Y/Y) misses by $1.04B

Warner Bros. Discovery, Inc. (NASDAQ:WBD) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET

Company Participants

Andrew Slabin - Executive Vice President, Global Investor Strategy
David Zaslav - President and Chief Executive Officer
Gunnar Wiedenfels - Chief Financial Officer
Jean-Briac Perrette - Chief Executive Officer and President, Global Streaming and Games

Conference Call Participants

Bryan Kraft - Deutsche Bank
Jessica Reif Ehrlich - Bank of America Securities
Doug Mitchelson - Credit Suisse
Ben Swinburne - Morgan Stanley
Robert Fishman - MoffettNathanson
Michael Morris - Guggenheim
John Hodulik - UBS
Jason Bazinet - Citi Group
Doug Creutz - Cowen & Co

Operator

Good afternoon ladies and gentlemen. Thank you for standing by and welcome to the Warner Bros. Discovery Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Additionally, please be advised that today’s conference call is being recorded. I would like to hand the conference over to Mr. Andrew Slabin, Executive Vice President, Global Investor Strategy. Sir, you may now begin.

Andrew Slabin

Good afternoon and welcome to Warner Bros. Discovery’s Q2 earnings call. With me today is David Zaslav, President and CEO; Gunnar Wiedenfels, our CFO; and JB Perrette, CEO and President, Global Streaming and Games.

Before we start, I’d like to remind you that today’s conference call will include forward-looking statements that we make pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include comments regarding the company’s future business plans, prospects and financial performance. These statements are made based on management’s current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results to differ materially from our expectations.

In providing projections and other forward-looking statements, the company disclaims any intent or obligation to update them. For additional information on important factors that could

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