Theme parks are back, and that's good news for Disney, which reported better-than-expected earnings and a return to revenue growth for the first time in five quarters.
New York Theme parks are back, and that's good news for Disney, which on Thursday reported better-than-expected earnings and a return to revenue growth for the first time in five quarters.
The company brought in $17 billion in sales, up 45% from same period last year. That's a bit higher than Wall Streets' expectation of $16.8 billion, and the news sent shares up 4% in after-hours trading.The company reported earnings of $995 million in the third quarter, a significant improvement from the $4.8 billion loss posted this time last year.
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