DreamWorks posts quarterly loss as "Guardians" movie disappoints

Tue Feb 26, 2013 4:11pm EST

Feb 26 (Reuters) - Movie studio DreamWorks Animation SKG Inc reported a quarterly loss, hurt by a weak box-office performance for "Rise of the Guardians", an animated adventure fantasy featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law.

The net loss was $82.7 million, or 98 cents per share, in the fourth quarter, compared with a profit of $24.3 million, or 29 cents per share, a year earlier.

Revenue rose 21 percent to $264.7 million.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.