DreamWorks Animation Sees Profit Slide for Quarter, Year
DreamWorks Animation earned $24.3 million in the fiscal fourth quarter of 2011, down 83% from the same period in 2010, the company said yesterday. Revenue fell 20% to $281 million.
For the full year, net income fell 49% to $86.8 million, and revenues fell 10% to $706 million.
[Source: DreamWorks Animation]