Cyxtera Reports Q1 Results

Seeking AlphaMay 5, 2023 14:52

Disney's Q3 revenue increased by 44.5%, and American theme parks resumed profitability, up more than 5% after the market

Disney released impressive financial results for the third fiscal quarter after the market on Thursday. Subscriber growth, revenue, and profits all exceeded Wall Street's expectations. Financial reports show that Disney's revenue for the third fiscal quarter increased 44.5% year-on-year to 17.02 billion US dollars, and the market expected 16.76 billion US dollars; adjusted earnings per share were 0.8 US dollars, and the market forecast was 0.55 US dollars. Disney said that the number of subscribers to the company's streaming service Disney+ reached 116 million in the third fiscal quarter, double the 57.5 million in the same period last year. Market expectations were 114.5 million, compared to 103.6 million in the previous fiscal quarter. Disney+ per person

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