The streaming story included some mixed indicators, however.

Total revenue increased 13% to $21.8 billion.

The EPS number met Street forecasts, while revenue slightly exceeded them.

Disney+

Disney+Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The job cuts are slated to conclude this summer.

Revenue in the direct-to-consumer segment increased 12% to $5.5 billion.

Other areas within DMED painted a picture of a company in transition.

WGA West building in Hollywood

The domestic declines were due to factors across cable networks, ABC and owned local broadcast stations.