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Jaguarluffy t1_j9qt2m9 wrote

Reply to comment by Saar13 in Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble by Neo2199

wall street no longer cares about subscriber numbers - they care about profitability now - which warner is in the process of doing by repaying their debt and smarter spending.

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Saar13 t1_j9quoeh wrote

Exactly. That's why I said negative EPS almost 5 times worse than predicted was the worst case scenario. Investors expected to lose x and lost 5x.

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WR810 t1_j9ry089 wrote

> wall street no longer cares about subscriber numbers - they care about profitability now

Netflix didn't post so good of numbers but Wall Street ran with the stock because they added some seven million new subscribers.

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