Disney Results Presentation Deck
Q4'22
($1.5)
Q1'23
($1.1)
Combined DTC Streaming Businesses
Quarterly Operating Losses (1)
(In Billions)
Q2'23
($0.7)
Q3'23
($0.5)
Q4'23
($0.4)
Q4 combined DTC streaming businesses
operating losses have improved by $1.1
billion vs. the prior year driven by revenue
growth and cost reductions.
Sequentially, operating losses for the
combined DTC streaming businesses
improved by $125 million
(1) DTC streaming businesses operating loss is not a financial measure defined by GAAP. The most comparable GAAP measures are segment operating income for the Entertainment segment and Sports segment. See the discussion on pages 20 and 24 for
how we define and calculate this measure and a reconciliation thereof to the most directly comparable GAAP measures.
ⒸDisney
Fourth Fiscal Quarter Ended September 30, 2023
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