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Frozen (movie)
DreamWorks Animation posts big loss in fourth quarter
DreamWorks Animation posts big loss in fourth quarter

DreamWorks Animation posted a loss of $263.2 million in the fourth quarter, as the company was buffeted by restructuring costs and impairment charges from its recent film releases. The Glendale studio said it lost $3.08 cents per share in the quarter ended Dec. 31, compared to a profit of 20 cents a share during the same period a year ago. The company's fourth quarter revenues of $234.2 million increased 15%. The results were worse than analysts had expected. Analysts surveyed by Thomson Reuters estimated a net loss of $3.01 a share and revenue of $246 million in the quarter. “Although 2014 was a challenging year for our company, I am confident that our recent...

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