DreamWorks Animation SKG (DWA) Tops Q1 EPS by 15c

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Go back to DreamWorks Animation SKG (DWA) Tops Q1 EPS by 15c

DreamWorks Animation Reports Strong First Quarter 2016 Results With Revenues Increasing 14% To $190 Million And Segment Gross Profit Improving 31% To $70 Million

May 5, 2016 4:01 PM EDT

GLENDALE, Calif., May 5, 2016 /PRNewswire/ -- DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today reported revenues for the quarter ended March 31, 2016 of $190.4 million, representing an increase of 14.4% from the same period in 2015. In addition, DWA reported operating income of $13.8 million and net income attributable to DWA of $13.8 million, or $0.16 per diluted share for the quarter ended March 31, 2016.

"I am happy to report another strong quarter of financial results, which I believe reflect continued execution on our strategy of transitioning DreamWorks Animation into a global family entertainment company," said Jeffrey Katzenberg, Chief... More