Categories AlphaGraphs, Earnings, Leisure & Entertainment

DIS Earnings: Everything you need to know about Walt Disney Q2 2020 results

As of May 4, Disney+ had 54.5 million subscribers, company say during earnings conference call

The Walt Disney Company (NYSE: DIS) today announced its second quarter financial results for the period ended March 28, 2020.

Second quarter net income was $475 million, or $0.26 per share, compared with net income of $5.4 billion, or $3.53 per share in second of 2019.

Revenues increased 21% to $18.0 billion.

Amid COVID-19, Parks, Experiences and Products segment experienced a significant impact on the operating income (approx. $1.0 billion) as a result of the closures. 

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Here is the quick summary of earnings report.

THE WALT DISNEY COMPANY REPORTS
SECOND QUARTER AND SIX MONTHS EARNINGS FOR FISCAL 2020

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