Discovery, Inc (DISCA) Misses Q4 EPS by 75c, Revenue Beats

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Go back to Discovery, Inc (DISCA) Misses Q4 EPS by 75c, Revenue Beats

DISCOVERY, INC. REPORTS FOURTH-QUARTER AND FULL YEAR 2021 RESULTS

February 24, 2022 7:00 AM EST

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today reported financial results for the quarter and year ended December 31, 2021.

David Zaslav, President and Chief Executive Officer of Discovery said, "2021 was by all measures an exceptional year for our company, in which we achieved significant operational, financial, and strategic objectives. We grew our global DTC paying subscribers to 22 million, a tailwind for our strong distribution revenue growth of 11%, while global advertising revenues grew 10% due to continued strength in our key markets and share gains. Additionally, we ended... More