Tag Archives: narrow

Disney beats on earnings, boosts dividend as streaming losses narrow

February 8, 2024 Yahoo News 0

Disney beats on earnings, boosts dividend as streaming losses narrow

Disney (DIS) said it will boost its cash dividend by 50% on Wednesday as the entertainment giant reported fiscal first quarter earnings that beat expectations while streaming losses narrowed. Disney reported adjusted earnings of $1.22 a share — a significant beat compared with the $0.99 analysts polled by Bloomberg had expected. The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss… Source link

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Analysis: Epic’s narrow win in App Store case toughens fight against Google Play rules

September 11, 2021 Google News 0

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo OAKLAND, Calif., Sept 10 (Reuters) – Android app makers suing to stop Alphabet Inc’s (GOOGL.O) Google from siphoning up to 30% of their sales received little reassurance about their chances on Friday as a judge allowed a comparable fee charged by Apple Inc (AAPL.O) to stand. Developers including “Fortnite” maker Epic Games in the last year took aim at the two biggest mobile… Source link

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GameStop sales top estimates, losses narrow more than expected as company taps new executives

June 9, 2021 Yahoo News 0

GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer. Shares traded 5% lower during the after hours session before paring some losses. Here were the main results from GameStop’s report compared to consensus… Source link

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