DreamWorks Animation revenue jumps 36.3 percent

Reuters News
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Posted: Feb 23, 2016 4:12 PM

(Reuters) - Hollywood studio DreamWorks Animation SKG Inc <DWA.O> reported a 36.3 percent rise in quarterly revenue, boosted by the television release of its movie "Home" and higher licensing revenue.

Net income attributable to DreamWorks was $42.1 million, or 48 cents per share, in the fourth quarter ended Dec. 31, compared with a loss of $263.2 million, or $3.08 per share, a year earlier.

Revenue rose to $319.3 million from $234.2 million.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Sriraj Kalluvila)