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International Business Times
International Business Times
Business
Beiyi SEOW

Disney Beats Quarterly Revenue Estimates, Turns Streaming Profit

Disney said it turned a profit on its combined streaming business for the first time, and a quarter ahead of schedule (Credit: AFP)

Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, while its theme parks came under pressure.

The company saw revenues of $23.2 billion, beating projections of $23.1 billion, while overall profits reached $2.6 billion.

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