Disney Slides on Weak Subscriber Outlook Despite Path to Profit [Yahoo! Finance]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
subscribers in the current quarter and said that visits to parks are expected to moderate from peak post-Covid levels. Most Read from Bloomberg Israel Says a Cease-Fire Plan Backed by Hamas Falls Short High-Tech Trading Firms Race to Grab Bond Market Turf Russians Are Coming to Terms With Putin's War in Ukraine Jack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology' The media giant added more than 6 million subscribers in the second quarter to its core Disney+ streaming offering, which includes popular movies and the cartoon phenomenon Bluey. And losses in the direct-to-consumer streaming business, which includes ESPN+, narrowed to $18 million in the period from a loss of $659 million in the year earlier quarter. But Chief Financial Officer Hugh Johnston said the company doesn't expect to see core Disney+ subscriber growth in the current quarter and profitability in streaming will suffer due to due to additional expenses for cricket rights in India. Disney bought
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DIS
Earnings
- 5/7/24 - Beat
DIS
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 144
- DIS's page on the SEC website