Company Investor Relations News: May 8, 2012 The Walt Disney
For the three months ending March 31, 2012, Disney reported strong top and bottom-line growth:
The Parks and Resorts segment reported a 3% increase in revenue, reaching $2.76 billion. Operating income rose slightly to $271 million. may 8, 2012 the walt disney company investor relations news
However, the Interactive division (video games) remained a pain point, reporting an operating loss of $36 million—an improvement over the $88 million loss in Q2 2011, but still a drag on the bottom line. For the three months ending March 31, 2012,
During the earnings call, CEO Bob Iger shifted focus toward the future, specifically the record-breaking success of Marvel’s , which had premiered just days before the announcement. The film’s unprecedented $207.1 million domestic opening weekend provided investors with immediate confidence that the studio's losses in Q2 would be more than recovered in the coming months. During the earnings call, CEO Bob Iger shifted
: Disney's Studio Entertainment segment reported a strong performance, thanks to the success of films such as "The Avengers" and "John Carter."