Disney Quarterly Losses Mount, Even as Company Beats Expectations
- November 12, 2020
- varietybrentlang
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Revenues plunged and profits evaporated at the Walt Disney Company during its most recent quarterly earnings, as family entertainment giant continued to grapple with a pandemic that has destabilized the pillars of its business. Disney’s revenues fell 23% to $14.7 billion, while the company reported a loss of $710 million instead of the $777 million […]
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