Revenue was flat at $23.5 billion for Disneys fiscal first quarter ended in December.
Diluted EPS (excluding some items) was $1.22, up 23% from the year before.
Disney had previously promised profits sometime this year but a confirmation was very welcome.
Disney CEO Bob IgerGetty Images
Shares have popped about 7% on the numbers and the news.
Hell be talking with analysts at a call at 4:30 ET.
Disney+ Core ARPU increased sequentially by 14 cents versus the fourth quarter.
Disney+Hotstar subs were up 2% at 38.3 million.
TotalHulusubs were 49.7 million up by 1.2 million from the prior quarter including 4.6 million for Hulu+ Live TV.
The two sides and their bankers are working to value the asset to see if more is owed.
In all, streaming revenue rose 15% to $5.5 billion.
Losses narrowed to $138 million from $948 million the year earlier.
ESPNis now the biggest part of a new Sports segment Disney breaks out.
It saw flat revenue year-over-year of $4.4 billion.
It swung to an operating profit of $199 millio from a loss of $38 million.
Income of $3.1 billion was up 8% but not domestically that number was down 2%.
Of the U.S. park, Disneyland was flat, Walt Disney World down.
Thestudiois part ofContent Sales/Licensing and Otherand had a tough quarter.
With no new releases coming in the current fiscal Q2, results in the business will be flat.
