Walt Disney Slumped Over 10% in Morning Trading After Posting Its Disappointing Financial Results
Tiger Newspress2022-11-09
Walt Disney slumped over 10% in morning trading after posting its disappointing financial results.
It reported Q4 revenue of $20.15 billion, up 9% year-over-year, and reported fourth-quarter earnings per share of 30 cents. Total subscribers, including those for its Hulu and ESPN+ products, rose to almost 236 million.
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