Investing.com - Warner Bros. Discovery (NASDAQ:WBD) said it ended its second quarter with more subscribers than analysts had anticipated, as the HBO Max parent said it was making progress in its plan to split into two publicly-traded companies.

Thanks to box office hits, studios' revenue hit $3.8 billion, up 55 percent from a year ago, in the second quarter.

Warner Bros. Discovery said second quarter profit was boosted by HBO Max international expansion and "Minecraft Movie"