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Disney Posts Better-Than-Expected Quarterly Results, Nears Streaming Profitability Goal [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Revenue for the quarter ended March 30 increased to $22.1 billion from $21.8 billion in the year-earlier period. Excluding items, diluted earnings per share for the quarter increased to $1.21 from 93 cents. Analysts had been expecting revenue of $20.53 billion and earnings per share of $1.02. More from Deadline Apple CEO Tim Cook Plugs 'Wolfs', 'Palm Royale', 'Sugar' & IPhone Sales In Mainland China Disney Vet Jessica Casano-Antonellis To Head Communications For ESPN-Fox-WBD Sports Streaming Venture 'Knuckles' Races To Streaming Record In Debut Weekend On Paramount+ The entertainment direct-to-consumer operation, consisting of Disney+ and Hulu, finished the quarter in the black ahead of schedule with operating income of $47 million. The two had a loss of $587 million in the same period of 2023. ESPN+ reported a loss of $18 million, which was considerably narrower than the year-ago loss of $659 million. The company said it still expects its combined streaming businesses
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