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[-] Melonpoly@lemmy.world 1 points 11 months ago

So higher gross profit but lower net income from last year which is far lower than their net income from 2019 and their highest in 2018.

They've produced ~4 flops last year that cost them almost $1 billion, their stock price hit a 9 year low last year at below $84, Disney + has been operating at a loss since it started. Universal Studios overtook them with box office revenue last year.

Unless I'm interpreting that incorrectly it would seem that they aren't doing too well. Correct me if I'm wrong.

this post was submitted on 10 Jan 2024
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