The Walt Disney Company reported its financial results for the fourth quarter of the fiscal year on Thursday. According to this report, the company exceeded the analysts' forecasts.
"We are pleased with the results of the last quarter, in which we saw significant profit growth, especially in the streaming services segment," noted a company representative.
The increase from streaming services increased, as well as the number of subscribers to the Disney+ platform. Such results allowed the company to surpass the analysts' forecasts and even led to an increase in the company's capitalization.
Furthermore, the company assesses the strong performance of its parks and optimistically looks to the future, regardless of the challenges posed by the pandemic.
"We take pride in our results in the fourth quarter and remain confident in the company's development strategy in the future," the company representative concluded.
