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DreamWorks posts quarterly loss as "Guardians" movie disappoints
February 26, 2013 / 9:11 PM / 5 years ago

DreamWorks posts quarterly loss as "Guardians" movie disappoints

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.

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