Jill Goldsmith Co-Business EditorWalt Disney said revenue last quarter was $11.87 billion, lower than expected and down 42% from the year before with the theme park division taking a $3.5 billion hit on a major and hit from parks.The numbers were hotly anticipated as a measure of how partial reopenings of parks, stalled production and live sports – both slowly returning — are impacting its business.Diluted earnings per share (EPS) came in at $0.08, down from $1.34 the year before, beating expectations.
The share were trading higher in after-hours.“Despite the ongoing challenges of the pandemic, we’ve continued to build on the incredible success of Disney+ as we grow our global direct-to-consumer businesses,” said CEO Bob Chapek.
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