warner bros discovery topped free cash flow expectations in its latest quarter and grew peruser revenue in streaming on a sequential basis its shares were headed 45 higher in wednesdays premarket action after the results the media company posted a secondquarter net loss of 124 billion or 51 cents a share compared with a net loss of 342 billion or 150 a share in the yearprior period the latest quarters netloss figure included 166 billion in pretax amortization charges related to acquisitiondriven intangible assets as well as 146 million in pretax restructuring charges the factset consensus was for a 35cent pershare loss total revenue rose to 1036 billion from 983 billion while analysts were modeling 1044 billion total directtoconsumer subscribers were 958 million down by 18 million on a sequential basis global average revenue per user in streaming however ticked up to 771 from 748 in the march quarter the company posted a 3 million loss on the basis of adjusted earnings before interest taxes depreciation and amortization for its directtoconsumer business overall free cash flow came in at 172 billion versus 789 million a year before while analysts were modeling 886 million