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3 years ago
DreamWorks revenue dives; "How to Train Your Dragon 2" flies low
July 29, 2014 / 8:10 PM / 3 years ago

DreamWorks revenue dives; "How to Train Your Dragon 2" flies low

1 Min Read

July 29 (Reuters) - DreamWorks Animation SKG Inc's quarterly revenue almost halved as moviegoers gave a tepid reception to its dragon movie, "How to Train Your Dragon 2", released in June.

The company reported a loss of of $15.9 million, or 18 cents per share in the second quarter, down from a profit of $22.2 million, or 26 cents per share, a year earlier.

Revenue slid 43 percent to $122.3 million from $213.4 million. (Reporting By Lehar Maan in Bangalore; Editing by Rodney Joyce)

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