Disney Tops Q4 Estimates as Disney+ Surpasses 73M Paid Subs

Shares of Disney  (DIS) – Get Report jumped after-hours Thursday after the media conglomerate reported fourth-quarter results that topped analyst expectations, showing strong growth in its streaming businesses. 

Disney reported revenue of $14.71 billion with an adjusted net loss of 20 cents per share. Analysts were expecting revenue of $14.28 billion with a net loss of 71 cents per share. 

The company’s direct-to-consumer and international revenues jumped 41% year-over-year to $4.9 billion. Read more…..


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David M. Rubenstein speaks with Michael Dell, Founder, Chairman and CEO, Dell Inc. on March 4, 2015.

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