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Skydance Shares Drop 8.7% as Warner Deal Leaves $87 Billion in Debt

Adjusted earnings reached 45 cents per share as revenue rose 5% to $7.03 billion. Skydance warned its fourth-quarter film slate could cut profit by up to $200 million.
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Adjusted earnings reached 45 cents per share as revenue rose 5% to $7.03 billion. Skydance warned its fourth-quarter film slate could cut profit by up to $200 million.