For the three months ending June 30, Sony Pictures posted operating income of $78 million, up 109% from a year earlier. Revenue increased 23% to $1.93 billion.
Tokyo-based consumer electronics giant
Sony attributed the studio's first-quarter improvement to the "strong worldwide theatrical performances" of its high-profile sequels.
Released May 2, "The Amazing Spider-Man 2" has taken in $707 million worldwide, according to Box Office Mojo.
Although it is one of the highest-grossing films of the year, the movie's box office tally lags behind that of the four other
"22 Jump Street," the
The performance of the "Spider-Man" and "Jump Street" pictures compared favorably to "After Earth," which was released during the same quarter a year ago and was among the biggest flops of 2013.
Shares of Sony were up more than 5% in midday trading to $18.43.