Disney Delivers Blockbuster Results
Here's our initial take on Walt Disney's (NYSE: DIS) first-quarter 2025 financial report.
Big box office numbers from Moana 2 and a third consecutive quarter of streaming profits helped fuel an earnings beat at Disney and provided evidence that CEO Bob Iger's plan to get the company back on track is sticking to his script.
The streaming business, home to Disney+, Hulu, and ESPN, was a real standout, reporting a $293 million profit compared to a loss of $138 million a year ago. Price increases during the period helped boost revenue, but despite the hike, Disney still showed modest growth in its number of Disney+ and Hulu subscribers.
Source Fool.com