Todd Spangler / Variety:

Disney reports Q3 revenue up 4% YoY to $23.2B and its streaming business turned a profit, a first, with a $47M operating income, vs. a $512M loss in Q3 2023  —  Company warns weak theme park demand could extend into the ‘next few quarters’ … That said, there were some mixed emotions …

Todd Spangler / Variety:

Disney reports Q3 revenue up 4% YoY to $23.2B and its streaming business turned a profit, a first, with a $47M operating income, vs. a $512M loss in Q3 2023  —  Company warns weak theme park demand could extend into the ‘next few quarters’ … That said, there were some mixed emotions …

Source: TechMeme
Source Link: http://www.techmeme.com/240807/p11#a240807p11