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Disney Adds 1.4 Million Subscribers
Financial Express Lucknow
|May 08, 2025
Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service.
Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service. The company also boosted profit expectations for the year. In the three months ended March, Disney earned $3.28 billion, or $1.81 per share.
The Burbank, California, company lost $20 million, or a penny per share, a year earlier. Removing one-time charges or benefits, earnings were $1.45 per share, easily topping the $1.18 that Wall Street was expecting, according to a survey by Zacks Investment Research. Revenue rose 7% to $23.62 billion, also topping projections.
Revenue for Disney Entertainment, its movie studios and streaming, climbed 9%, while revenue for the Experiences division, its parks, increased 6%.
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