Disney reported a profitable Q3 on Tuesday even as it continues to feel the impact of the coronavirus pandemic on sectors like its parks business.
Disney reported earnings for its third quarter of 2020 after the bell on Tuesday as it continues to feel the impact of the coronavirus pandemic on sectors like its parks business.
The company's new streaming service has benefited from stay-at-home orders across the U.S. that left millions looking for entertainment options. Disney had been able to reopen some of its parks with limited capacity and new restrictions to keep visitors safe, but its Disneyland theme park and resort in California was forced to delay its expected July reopening as the state pushed back its guidelines amid rising case numbers.
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