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FTX fallout: Sequoia's LP letter, SBF's crisis comms + Lon Harris on Andor, $DIS earnings | E1609
This Week in Startups
Disney Stock Is Up 23% on Wednesday
Disney reported fiscal q4 and full year earnings per fiscal 2022 the stock was initially down about 13% on wednesday due to missing revenue expectations. Today disney stock is up two and a half percent today parks revenue grew about 36% year over year to 7.4 billion dollars so the covid effect is clearly over in the parks uh people are back. Media and entertainment revenue fell about 3% year overyear to 12.7 billion dollars that income 162 million up 1% year over Year basically flat free cash flow was 1.37 billion dollars that number is down about 10% year overYear but still positive like you know they have free cash flow of 1.3 billion dollars all
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