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Disney: Q4 revenue up 9%

(CercleFinance.com) - Disney has reported revenue of 20.
1 billion dollars for Q4 2022, up 9% y-o-y.

Operating profit inched up 1% to 1.6 billion dollars, while net income also rose 1% to 162 million dollars.

However, adjusted EPS declined by 19% to $0.3.

FY revenue came in at 82.7 billion dollars (+23%), with operating profit of 12.1 billion dollars (+56%), while net profit reached 3.2 billion dollars (+58%) and adjusted EPS was $3.53 (+54%).

The group said that 2022 was a strong year for Disney, with some record results in its Parks, Experiences and Products segment, in addition to exceptional growth in its direct-to-consumer subscriber base.

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