DreamWorks Animation SKG (DWA) Posts Smaller Q1 Loss

DreamWorks Animation SKG (NASDAQ: DWA) reported Q1 EPS of ($0.25), $0.10 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $166.5 million versus the consensus estimate of $164.24 million.

"While 2015 is a transitional year for us, the worldwide box office performance of Home serves as early evidence that the changes we're making in the core feature animation business are working," said Jeffrey Katzenberg, Chief Executive Officer of DreamWorks Animation. "In addition, last Friday, our television series All Hail King Julien won the Emmy Award for Outstanding Children's Animated Program." Katzenberg added, "This recognition highlights the extraordinary talent and high quality of their work being done at the studio today and we couldn't be prouder."

For earnings history and earnings-related data on DreamWorks Animation SKG (DWA) click here.

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