Record Earnings For The Walt Disney Co. In Fiscal Third Quarter 2015
August 4, 2015 at 2:51 PM (PT)
THE WALT DISNEY COMPANY fiscal third-quarter revenues rose 5% to $13.101 billion, with net income up 11% to a record $2.5 billion. Diluted earnings per share increased 13% to $1.45. Media networks revenue also rose 5% to $5.768 billion, with segment operating income up 4% to $2.378 billion; under Media Networks, broadcasting revenues rose 4% to $1.628 billion, while cable networks increased 5% to $4.140 billion. The company does not break out statistics for ESPN RADIO/ESPN AUDIO or RADIO DISNEY.
"We’re very pleased with our performance in the third quarter, with record net income and diluted earnings per share of $1.45, up 13% from the prior year,” said Chairman/CEO BOB IGER. “The strong results across our many diverse lines of business demonstrate the power of our unparalleled brands, franchises and creative content."