Discovery, Inc (DISCA) Misses Q3 EPS by 14c, Revenue In-line

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Go back to Discovery, Inc (DISCA) Misses Q3 EPS by 14c, Revenue In-line

Discovery, Inc. Reports Third-Quarter 2021 Results

November 3, 2021 7:00 AM EDT

NEW YORK, Nov. 3, 2021 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter ended September 30, 2021.

David Zaslav, President and Chief Executive Officer of Discovery said, "We made great strides in the quarter operationally, financially and creatively. The team drove solid momentum in our direct-to-consumer business, which we grew to 20 million paid subscribers at quarter end on the strength of our global brands and fan-favorite content, including the Summer Olympic Games and Shark Week. Additionally, we delivered double-digit growth in both advertising and distribution revenues, as... More