3 Big Numbers in Disney's Latest Quarter You May Have Missed
The earnings spotlight was burning bright on Disney (NYSE: DIS) this week, and the media giant generally nailed its numbers. Disney posted a slightly better-than-expected 36% surge in revenue for its fiscal first quarter, fueled largely by a major content acquisition last year. Profitability went the other way, but it still managed to handily beat Wall Street's earnings targets for the fourth time in the past five quarters.
As for the headline numbers, Disney+ closed out the quarter with 26.5 million subscribers after launching in mid-November, and Disney's films topped $11 billion in ticket sales during the 2019 calendar year. There are a lot of numbers in the report, but let's go over some of the figures that matter even if they're not generating as much attention.
Image source: Disney.
Source Fool.com
