MatchPoint Times

Home

Disney posts better-than-expected quarterly results, driven by theme parks

Cover Image for Disney posts better-than-expected quarterly results, driven by theme parks

Net profit reached US$2.48 billion, down 6 percent year-on-year, with the Experiences division namely Disney’s theme parks and resorts delivering record quarterly revenue of US$10 billion.

NEW YORK: The Walt Disney Company reported quarterly earnings Monday that showed streaming services gaining momentum and theme parks revenue hitting record levels.

Net profit reached US$2.48 billion, down 6 percent year-on-year, according to a statement, with the Experiences division — Disney’s theme parks and resorts — delivering record quarterly revenue of US$10.0 billion.

Domestic parks showed 8 percent operating income growth for the quarter that ended Dec 31, with attendance up one percent and per capita spending up 4 percent.

Tags:Disneyearningsmediastreamingtheme parksUS


Son of Norway’s crown princess arrested over alleged assault, threats

The Oslo Police District confirmed that Marius Borg Hoiby was arrested on Sunday evening on suspicion of causing bodily harm, making knife threats, and breaching a restraining order.

🟡AFP

Pengampunan diraja bukan ‘hadiah’, tapi mekanisme Perlembagaan sah

Al-Sultan Abdullah Sultan Ahmad Shah bertitah pengurangan hukuman tidak padam sabitan, hapus rekod jenayah, mahupun menafikan kedaulatan undang-undang.

🟡FMT Reporters