Quarterly revenue rose 7% to $25.2B, led by Experiences and Entertainment, but net income dropped 50% to $2.6B due to the absence of a prior-year tax benefit and an $812M impairment charge. Segment growth was offset by higher costs and restructuring, while major acquisitions and asset sales reshape…
Quarterly revenue rose 7% to $25.2B, led by Experiences and Entertainment, but net income dropped 50% to $2.6B due to the absence of a prior-year tax benefit and an $812M impairment charge. Segment growth was offset by higher costs and restructuring, while major acquisitions and asset sales reshaped the portfolio.
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