DreamWorks Animation SKG (DWA) Tops Q3 EPS by 1c, Sales Beat

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Go back to DreamWorks Animation SKG (DWA) Tops Q3 EPS by 1c, Sales Beat

DreamWorks Animation Reports Strong Third Quarter 2015 Results, With Revenues Increasing 43% To $259 Million And Segment Gross Profit Improving 37% To $99 Million Versus Prior Year

November 5, 2015 4:01 PM EST

GLENDALE, Calif., Nov. 5, 2015 /PRNewswire/ -- DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today reported revenues for the quarter ended September 30, 2015 of $259.2 million, representing an increase of 43.3% from the same period in 2014. In addition, DWA reported adjusted(b) operating income of $26.8 million and adjusted(b) net income attributable to DWA of $1.4 million or $0.02 per share. Adjusted financial results exclude a $3.6 million pre-tax charge associated with the Company's Restructuring Plan announced on January 22, 2015.

Including the impact of the previously announced Restructuring Plan, DWA reported operating income of $23.2 million and reported a net... More