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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]

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