Disney reported strong growth in paid streaming subscribers and its first quarterly profit since early last year in its earnings report for its fiscal first quarter of 2021 after the bell Thursday.
The stock was up around 1.7% after hours.
Here are the key numbers:
- Earnings per share: 32 cents adjusted vs. loss of 41 cents expected, according to Refinitiv
- Revenue: $16.25 billion vs. $15.9 billion expected, according to Refinitiv
Here’s how the rest of the report went for Disney.
Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service as of the quarter ended Jan. 2. This comes during the first quarter after Disney’s free-trial period ended for some…