media giant The Walt Disney Company DIS released financial results for the fourth quarter and full year after the market close on Tuesday. Here are the main highlights.

What happened: Disney reported revenue of $20.15 billion in the fourth quarter, up 9% year over year. Total revenue fell just short of the $21.25 billion target, according to Street Gasoline Pro.

The company reported fourth-quarter earnings per share of 30 cents, missing a Street estimate of 56 cents per share.

Revenue from the company’s media and entertainment segment for the fourth quarter was $12.7 billion, down 3% year over year. This segment’s direct-to-consumer sector saw 8% year-over-year growth, the only positive sub-segment.

The company’s parks, experiences and products segment had revenue of $7.4 billion in the fourth quarter, up 36% year over year.

Fourth quarter operating income was down 91% in the media segment and over 100% in the parking segment.

For the full fiscal year, Disney generated revenue of $55 billion for its media segment, up 8% year over year, and $28.7 billion for its parks segment, up 73% year over year.

Operating income for the full year was $4.2 billion for the Media segment and $7.9 billion for the Parks segment.

“2022 was a strong year for Disney, with some of our best storytelling yet, record results in our parks, experiences and products segment, and outstanding subscriber growth across our direct-to-consumer services, adding nearly 57 million subscriptions this year, for a total of more than 235 million,” said Bob Chapek, Disney CEO.

Related link: How to Trade Disney Stock Ahead of Q4 Earnings Disney has been keeping up with Netflix subscribers

Streaming Growth: The company’s fourth quarter and full year were dominated by results from the company’s streaming platforms, including Disney+, Hulu, and ESPN+.

The company ended the fourth quarter with the following subscriber counts for its streaming platforms:

Disney+ Domestic: 46.4 million, +2% YoY

Disney+ International ex….