1、February 8,2023THE WALT DISNEY COMPANY REPORTSFIRST QUARTER EARNINGS FOR FISCAL 2023BURBANK,Calif.The Walt Disney Company today reported earnings for its first quarter ended December 31,2022.Revenues for the quarter grew 8%.Diluted earnings per share(EPS)from continuing operations for the quarter in

2、creased to$0.70from$0.63 in the prior-year quarter.Excluding certain items(1),diluted EPS for the quarter decreased to$0.99 from$1.06 in the prior-year quarter.“After a solid first quarter,we are embarking on a significant transformation,one that will maximize the potential of our world-class creati

3、ve teams and our unparalleled brands and franchises,”said Robert A.Iger,Chief Executive Officer,The Walt Disney Company.“We believe the work we are doing to reshape our company around creativity,while reducing expenses,will lead to sustained growth and profitability for our streaming business,better

4、 position us to weather future disruption and global economic challenges,and deliver value for our shareholders.”The following table summarizes the first quarter results for fiscal 2023 and 2022(in millions,except per share amounts):Quarter EndedDecember 31,2022January 1,2022ChangeRevenues$23,512$21

5、,819 8%Income from continuing operations before income taxes$1,773$1,688 5%Total segment operating income(1)$3,043$3,258 (7)%Net income from continuing operations(2)$1,279$1,152 11%Diluted EPS from continuing operations(2)$0.70$0.63 11%Diluted EPS excluding certain items(1)$0.99$1.06 (7)%Cash used i

6、n continuing operations$(974)$(209)(100)%Free cash flow(1)$(2,155)$(1,190)(81)%(1)Diluted EPS excluding certain items,total segment operating income and free cash flow are non-GAAP financialmeasures.The most comparable GAAP measures are diluted EPS from continuing operations,income from continuingop