Disney Swings to Streaming Profit of $321 Million in Q4, $134 Million for 2024
Disney's streaming business, considered the key to its future success, ended 2024 strong, with a combined profit of $321 million for its fiscal fourth quarter and $134 million for the full year. That compared to losses of $387 million in the year-ago period and a whopping $2.
Disney’s Streaming Profit Hopes Rest on More Price Increases
We got some good news from the poor old entertainment companies this earnings season. Video streaming is finally becoming a money-making business! Disney, for instance, reported today that its Disney+,
Disney sees streaming growth coming from both subs and pricing
Says growth may be “tipped a little” towards pricing. Published first on TheFly – the ultimate source for real-time,
Disney’s stock surges as streaming profits grow and film releases shine
Walt Disney Co. saw streaming profits grow in the latest quarter, underscoring progress on the company’s effort to transform direct-to-consumer distribution, recently a loss-making endeavor, into a financial engine.
Disney Earnings Beat Expectations, as Streaming Boosts Profits
Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.
Disney stock surges as rare 3-year forecast sees strong profit growth ahead
Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit earnings growth in 2026 and 2027.
Disney Tops Profit Estimates on Movies, Streaming Growth
The biggest problem with Disney was the lack of clarity on how things were going to find out, you know, in fiscal 2025 and obviously in the future. And with them kind of giving us that detail line by line item kind of guidance,
Rajasthan Gases reports standalone nil net profit/loss in the September 2024 quarter
Rajasthan Gases reported no net profit/loss in the quarter ended September 2024 as against net loss of Rs 0.15 crore during the previous quarter ended September 2023. There were no Sales reported in ...
Reuters1d
Lender Banco do Brasil posts 8% profit increase, higher loan-loss outlook
SAO PAULO, Nov 13 (Reuters) - Brazilian state-run lender Banco do Brasil (BBAS3.SA), opens new tab posted on Wednesday an 8.3 ...
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.
Scottish Rugby financial results worse than forecast as £11.3m loss overshadows return to profit prediction
More gloomy financial news for Scottish Rugby has arrived in the governing body’s annual report which shows losses for the ...
Scottish Rugby posts £11.3m loss, eyes profit in 2027
Scottish Rugby loses £11.3m for the year ending 30 June 2024, despite generating a record £73.9m, which included revenue from ...
Gilbert's Rocket Companies swung to $481M loss in third quarter
Interest rates on mortgages have stayed relatively high in recent weeks, despite cuts by the Federal Reserve to its benchmark ...
Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition
The fall in profits was due to “increased capacity and stronger competition in key markets,” the airline said.
Polish refiner Orlen Q3 net profit at 188 mln zlotys, takes 3.53 billion writedown
Polish oil refiner Orlen's third-quarter net profit was sharply down to 188 million zlotys ($45.7 million) amid writedowns ...
Saudi Aramco Profit Falls on Refining Weakness
Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.
The Financial Express9h
Delhivery logs profit for 2nd quarter on festive boost
Revenue from the part truckload segment grew 27% to Rs 474 crore in Q2, while volumes in this segment grew 23% to 427,000 ...