Disney’s (DIS) fiscal second quarter results beat expectations on Wednesday, marking a strong start under new CEO Josh D’Amaro, who took the reins on March 18.

For the quarter, Disney reported adjusted earnings per share of $1.57, above the Street’s forecasts of $1.51. Revenue grew by 7% to $25.2 billion, ahead of expectations for $24.8 billion, according to Bloomberg data. Total operating income for the company totaled $4.6 billion in the quarter, an increase from $4.4 billion a year ago.

Disney stock rose 8% in premarket trading.

Revenue for Disney’s experiences division, which includes its parks and cruise businesses and was formerly led by D’Amaro before he became CEO, fell to $9.5 billion from a record $10 billion in the first quarter. The decline was driven by a 1% decrease in attendance at its US parks, even as spending per customer on admissions, food, and merchandise increased 5% in the quarter.

The company said it is beginning to see softness in international visitor traffic to its US parks and acknowledged “the potential impact of heightened global macro uncertainty on consumers.”

Yet, the company said current demand is strong for its US parks and that it expects attendance to improve in the third quarter compared to last year.

The company’s sports unit reported a 5% drop in operating income year over year due to higher sports rights and marketing costs. Revenue for Disney’s sports unit rose 2% year over year to $4.61 billion.

Revenue in Disney’s entertainment division, which includes its film studio, rose 10% to $11.72 billion. Within that unit, Disney reported that revenue from its streaming business rose 13%.

In his first quarterly report as Disney CEO, D’Amaro took the opportunity to lay out a long-term strategy, which includes three pillars: investing in intellectual property like “Zootopia,” reaching more consumers, and “using advanced technologies to power our storytelling and increase monetization and returns.”

It’s worth noting that after Disney executives said that they would reevaluate their investment in OpenAI (OPAI.PVT) after the artificial intelligence startup shut down its AI video-generation tool, Sora. In December, Disney and OpenAI reached a deal to generate short videos featuring Disney characters using the tool.

“As widely reported, OpenAI opted to shut down Sora, and as a result we will not proceed with our previously planned investment in the company,” the company said. “We continue to explore potential commercial opportunities with OpenAI and others.”

Brooke DiPalma is a reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@yahoofinance.com.

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