Business Insider
Business Insider
US · 7 hrs ago

Disney beats earnings estimates in CEO Josh D'Amaro's first full quarter — and strikes a TikTok deal

Disney CEO Josh D'Amaro unveiled earnings results after his first complete quarter at the helm. VCG/VCG via Getty Images Disney shares rose in pre-market trading as it topped earnings estimates. Streaming operating income more than doubled in its June quarter. The Mouse House also struck a deal with TikTok to bring more short-form video to its platform. Disney pleased both Wall Street and TikTok fans in its first full quarter under CEO Josh D'Amaro. Shares rose over 4% in premarket trading as…
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