Tuesday, August 6, 2013

Reuters: Technology News: Disney profit up slightly on parks, media networks

Reuters: Technology News
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Disney profit up slightly on parks, media networks
Aug 6th 2013, 20:26

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The signage at the main gate of The Walt Disney Co. is pictured in Burbank, California, May 7, 2012. REUTERS/Fred Prouser

The signage at the main gate of The Walt Disney Co. is pictured in Burbank, California, May 7, 2012.

Credit: Reuters/Fred Prouser

LOS ANGELES | Tue Aug 6, 2013 4:26pm EDT

LOS ANGELES (Reuters) - Walt Disney Co said quarterly profits rose 1 percent from a year earlier as revenue grew at its theme parks and media networks.

Net income for the company, which also runs a movie studio, increased to $1.85 billion in the quarter that ended in June. Diluted earnings-per-share reached $1.01, even with the same quarter a year ago, Disney said on Tuesday.

(Reporting by Lisa Richwine and Ronald Grover; Editing by Richard Chang)

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