Retail Human Resources plc
Disney income rises in Q4
08 February 2012 10:03
The Walt Disney Co said net income rose 12% in the final quarter of 2011, as revenue inched higher amid company cost cutting.
Revenue in the company's fiscal first quarter went up 1% to US$10.78 billion from US$10.72 billion. However, it fell short of the US$11.20 billion expected by analysts, due in part to a fall in movie studio and interactive media revenue. However, profit at Disney's parks and resorts rose 18% to $553 million as ticket prices rose.
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