DreamWorks Animation Posts 2Q Losses
In announcing its second quarter results, DreamWorks Animation SKG Inc. announced revenue totaled $35.4 million resulting in a net loss of $3.7 million or $.04 per share on a fully diluted basis. This compares to revenue of $300.3 million and a net income of $146.1 million, or $1.89 per diluted share for the same period in 2004. The company ended the period with $430 million of cash, cash equivalents and short-term investments.