07
May
May
Disney (DIS) Shares Jump 8% Premarket on Record Streaming Subscriptions and Theme Park Revenue Surge
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News Editor / 4 months
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- 1 min read
Disney (NYSE: DIS) shares soared 8% in premarket trading after reporting 170 million Disney+ subscribers and a 22% YoY increase in Q1 theme park revenue, fueled by the success of its Avengers: Legacy franchise and expanded park capacities. The company’s revenue hit $26.5 billion, beating estimates, while operating margins expanded to 18% due to cost-cutting measures. Key Drivers: Streaming Milestone: Disney+’s profitability marks a turning […]