Discovery Stock Falls Post Q4 Results, Clocks 10 Percent Revenue Growth

Discovery Stock Falls Post Q4 Results, Clocks 10 Percent Revenue Growth
The Discovery Inc. logo is seen on a display in the FAO Schwarz toy store in Manhattan, New York, on Nov. 24, 2021. Andrew Kelly/Reuters
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Discovery Inc. reported fourth-quarter FY21 revenue growth of 10 percent year-on-year to $3.19 billion, beating the consensus of $3.12 billion.

It ended Q4 with 22 million Direct-to-Consumer Subscribers and generated nearly $450 million of Next Generation Revenues.