DreamWorks Animation SKG, Inc. (DWA) reported a net loss for the fourth quarter of $82.7 million or $0.98 per share, compared to net income of $24.3 million or $0.29 per share for the year-ago quarter.
The latest quarter results were impacted by a charge of about $165 million, which includes a write-down of film costs for Rise of the Guardians in the amount of $87 million, charges totaling $54 million related to the company's decision to return Me & My Shadow back to development, a write-off of a number of other development projects in the amount of $20 million and a charge of $4.6 million related to restructuring activities.
Revenue for the fourth quarter rose to $264.66 million from $218.97 million in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share on revenue of $216.04 million for the fourth quarter. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.