DreamWorks Animation First-Quarter Earnings Beat Analyst Estimates
DreamWorks Animation on Wednesday reported first-quarter earnings of $9.1 million on $136.1 million in revenue, driven by the international theatrical success of Puss in Boots and strong home video sales of that title.
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Puss in Boots, which has grossed $554 million at the worldwide box office thus far, contributed $73.6 million in revenue during the second quarter.
In the year-ago quarter, DWA earned $8.8 million. Revenue quarter-over-quarter was up 26 percent.
In after-hours trading, shares of DWA were down 2 percent after rising 2 percent during the regular session to $18.46.