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Posts Tagged ‘Disney’

Roku Collapses Despite Beating on Revenue and Earnings in Q3

Shares of streaming device maker Roku were tanking following the company’s third quarter financial report despite beating on both the top and bottom line. The stock had one of its worst trading days on record. For the third quarter, Roku reported a loss per share of 9 cents while analysts were waiting for a loss…

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Disney Announces Earnings and Names its New Streaming Service

Disney reported its fourth quarter financial report that beat what analysts were expecting. For the quarter the company reported earnings per share of $1.48 versus the $1.34 expected by Wall Street. Revenue also beat easily at $14.31 billion compared to the $13.73 billion expected. Analysts chimed in on what they thought of the company’s earnings…

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Netflix Issues Impressive Guidance and Stellar Q3 Financial Results

Netflix reported third quarter financial results that thrilled Wall Street. The e-streaming giant beat on earnings and came inline on revenues. For the quarter, earnings per share at 89 cents was higher than the 68 cents that was expected by a Refinitiv consensus estimate. Net income soared to $402.8 million, or 89 cents per share,…

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Zynga and Disney Join Forces for Star Wars Mobile Game

Star Wars fans may be excited to learn that Zynga has recently announced a partnership with The Walt Disney Company to develop a new Star Wars game. The game will be developed under Zynga’s NaturalMotion studio which it acquired in 2014 for roughly $527 million. The deal with Disney gives Zynga the opportunity to now…

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