Disney – Profits Soar As Park Gates Re-Open And Streamers Flock
May 12 2022 - 10:58AM
ValueWalk
Walt Disney Co (NYSE:DIS)’s revenue rose 23% in the second quarter,
to $19.2bn, reflecting a strong performance in domestic theme parks
and growth in streaming. Group operating profit rose 50% to $3.7bn.
The Media & Entertainment Distribution saw total
Disney+ subscriptions rise 7.9m to 44.4m, with direct-to-consumer
revenue rising 23% to $4.9bn. The average monthly revenue per
[…]
https://www.valuewalk.com/disney-profits-soar-as-park-gates-re-open-and-streamers-flock/
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