Disney+, HuluCombined Operating Profit Surges to $336 Million

Image for article Disney+, HuluCombined Operating Profit Surges to $336 Million
News Source : TheWrap

News Summary

  • Disney shares were trading nearly 10% higher on Wednesday after the company easily beat Wall Street expectations
  • The results for the January-to-March period, its fiscal second quarter, were driven by revenue growth across its entertainment, sports and experiences segments
  • When combined with ESPN+, the three streaming services grew to nearly 205 million subscribers
Disney easily beat Wall Street expectations during the last quarter, swinging to a profit of $3.28 billion and growing revenue 7% to $23.6 billion.The results for the JanuarytoMarch period, its f [+7771 chars]

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