Disney Beats Wall Street Forecasts with Strong Q1 Earnings
Disney’s entertainment streaming business delivered its second straight profitable quarter, driven by strong box office performance from its studios, including the hit film “Moana 2.” The company reported revenue of $6.07 billion and operating income of $293 million, exceeding analyst expectations. The flagship Disney+ service lost a net 700,000 customers worldwide, but Hulu gained 1.6 … Read more