(Walt Disney) Walt Disney’s revenue in the third quarter was $17.022 billion, up 45% from the comparable quarter of 2020.
The sales were boosted by the economic reopening that saw its Disney Parks, Experiences, and Products record more than 100% jump in revenue to 4.34 billion in the third quarter.
Disney Media and Entertainment Distribution recorded an 18% increase year over year in revenue to $12.68 billion.
Across the nine months of the year to July 3, revenues fell by 4% to $48,884.
Domestic channels generated a revenue increase of 13% to $5.6 billion in the third quarter, while operating income was down 37% to $1.8 billion.
International channels saw a 29% jump in revenues to $1.4 billion in the third quarter, while operating income fell 23% to $169 million.
Operating income in the third quarter surged more than 100% to 2.382 billion, while the nine-month income was $6.179 billion, down 18% year over year.
Diluted earnings per share in the quarter was $0.50, up from a loss of $2.61 in the comparable quarter of 2020.
DIS: NYSE is up +5.19%.
