Disney Q1 Revenues Up
February 6, 2008 at 5:33 AM (PT)
THE WALT DISNEY CO. reported fiscal first quarter revenues up 9% to $10.452 billion, with diluted earnings per share from continuing operations falling 19% to 63 cents (but up from 49 cents excluding the discontinued operations and an equity-based compensation plan modification charge). Media Networks division revenue, which includes the company's radio properties (ESPN RADIO and RADIO DISNEY and their O&Os) rose 10% to $4.169 billion; the company does not break out figures for the radio properties.
"We’ve started off 2008 with another outstanding quarter, marked by strong creative and operational performances," said Pres./CEO BOB IGER. "These results once again highlight the quality of our content and our unique ability to leverage it across our many businesses and territories."