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Disney Quarterly Losses Mount, Even as Company Beats Expectations

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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