Annualized recurring revenue for the software giant rises 24 percent over last year to $1.9 billion.
Fuelled by the company’s parks and resorts, Disney beats analysts’ predictions, pushing the company’s shares to new highs of more than $113.
The Jeffrey Katzenberg-led studio exceeds analyst expectations with a 13 percent rise in revenues despite posting a $54.8 million loss for the period ended March 31, 2015.
Studio chief Jeffrey Katzenberg calls 2015 ‘a reset year’ amid company restructuring.
Stock surge follows strong earnings report driven by the international phenomenon ‘Frozen.’
Quarterly revenue and earnings up 17 percent on strength of ‘How to Train Your Dragon 2.’
Non-feature film revenue up 24% year-over-year as DreamWorks invests in growth areas.
