Disney Gains Surprise 1.4 Million Disney+ Subscribers as Streaming Profit Surges, CEO Iger Says We Remain Optimistic About Fiscal 2025 Outlook

Image for article Disney Gains Surprise 1.4 Million Disney+ Subscribers as Streaming Profit Surges, CEO Iger Says We Remain Optimistic About Fiscal 2025 Outlook
News Source : Variety

News Summary

  • Disney reported $23
  • 62 billion in revenue, up 7%, for the quarter ended March 29 (Disney’s fiscal Q2 2025)
  • Disney posted net income of $3
  • 28 billion versus a net loss of $20 million in the year-ago period
  • Despite gathering economic storm clouds, chief Bob Iger said the Mouse House remains “optimistic” about its current fiscal year guidance
Operating profit in Disneys streaming business jumped for the first three months of 2025, as Disney+ unexpectedly added 1.4 million subscribers in the quarter. Despite gathering economic storm cloud [+5276 chars]

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