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.
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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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