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DreamWorks Animation Q1 loss widens to US$54.8m

Published Fri, May 1, 2015 · 09:50 PM

Los Angeles

AFTER a brutal six months marked by creative retrenchments and two failed merger attempts, DreamWorks Animation reported a first-quarter loss of US$54.8 million.

The boutique studio, based in Glendale, California, reported a per-share loss of 64 cents for the quarter, which ended on March 31. In the same period a year earlier, it had a loss of US$42.9 million, or 51 cents a share.

Analysts expected a loss in the most recent quarter of roughly 45 cents.

Revenue climbed to US$166…

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Companies & Markets

DreamWorks Animation Q1 loss widens to US$54.8m

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

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