Disney (DIS) reported second quarter financial results after the bell on Wednesday that missed on both the top and bottom lines, although net additions for its fledging streaming platform Disney+ came in at 7.9 million, well above estimates of 4.5 million.
The surprise upswing caused shares to climb as much as 5% in after-hours trading; however, Disney quickly erased those gains during the company’s earnings call in which CFO Christine McCarthy warned on both a tough economic environment as…
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