Disney beat investor's predictions for the quarter (top and bottom lines), but its streaming business lost more than $1 billion. Disney+ et al. grew its sales by 13 percent to $5.3 billion, but it spent $6.3 billion.

And @disneyplus lost 2.4 million subscribers pic.twitter.com/B8klx7eGf4

— Edmund Lee 🐿️ 🗞️ (@edmundlee) February 8, 2023