DreamWorks Animation earnings jump 73% in the second quarter

With the help of some cavemen, DreamWorks Animation delivered stronger than anticipated profits in the second quarter.

The Glendale-based company reported net income of $22.2 million, or $0.26 a share, on revenues of $213.4 million during the quarter ended June 30.

That's well above the net income of $12.8 million, or $0.15 per share, and revenue of $162.8 million, during the same period a year ago.

The results easily exceeded the 20 cents a share estimate analysts had predicted for the company.

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-- Richard Verrier, Los Angeles Times


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