The company, which closed its theme parks temporarily earlier this year to help curb the spread of the disease, said in the report that revenue from its parks segment decreased by 85 percent for the quarter. .

The company said in the report that segment was its most affected by the novel coronavirus pandemic and estimated “the total net adverse impact of COVID-19 on segment operating income in the quarter was approximately $3.5 billion.”.

According to the Post, the earnings report also comes after the corporation saw lower-than-expected attendance at its parks during the pandemic