The Mouse takes a victory lap.

You're listening to Motley Full Money.

I'm Ricky Mulvey.

I'm Rickie, joined today by Jason Moser.

Jason, how are you doing on this fine Thursday?

Ricky, doing great.

How about yourself?

I'm doing pretty well.

Let's talk Disney earnings. The mouse

reported this mern. The mouse reported this murning. Yes, it did. It beat expectations. Revenue

was up 6%, but here's the thing. It's adjusted earnings were up 40%. The big headline for me here,

J-mo, is efficiency. How did Disney get so much more efficient? Well, I think it's in a number of

ways. I mean, clearly, they've been working on cutting costs in regard to the business. I mean,

if you remember last year, the company announced a goal to eliminate 7,000 positions in, you know,

in effort to reduce those costs. And ultimately, recently, they actually

raised that target to 8,000. So that is part of it, right? One way to become more efficient is to

eliminate some of those costs. Now, I think another thing that really does impact margins with

this business is something we're starting to see play out at least a little bit.

It's in regarding to the streaming business.

And as they start to add those incremental subscribers, those become higher margin as they go along.

And we've seen that they do continue to build out that streaming business.

So I think it's a couple of things, right?

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