Walt Disney Company Reports Quarterly Earnings


disney earningsPhoto by mandiberg

The Walt Disney Company reported their 2nd Quarter Fiscal Year 2016 (Q1 calendar year) earnings  and the results were decent, but did indicate a few rocky patches.

Here are a few highlights:

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  • $2.1 billion in quarterly income which was $35 million more than the same quarter last year
  • $12.9 billion in quarterly revenue which was $500 million more than the same quarter last year
  • Slightly lower revenue (minus $20 million) from media networks (cable & broadcast) from the same quarter last year
  • 4% increase in revenue from parks and resorts from the same quarter last year
  • 22% increase in revenue from studio entertainment from the same quarter last year
  • 2% decrease in revenue from consumer products & interactive media from the same quarter last year (see also RIP Disney Infinity)
  • They saw an increase in attendance at Disneyland Resort, but a “modest decrease” in Walt Disney World Resort attendance

There is much to look forward to in the next quarter for Disney with Shanghai Disneyland’s opening, Captain America: Civil War and Finding Dory reaching blockbuster status, Disney Springs’ expansion and a Disney’s growing presence in the mobile gaming market just a few of the headlines for FY2016 Q3.

For more revenue, attendance and other Disney Statistics, please visit: 100 Amazing Disney Statistics and Fun Facts.

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