What a difference a year makes. Marvel Entertainment posted a lower second-quarter profit as compared to one year ago, notes the HollywoodReporter But, the superhero machine did exceed Wall Street’s expectations.
It seems super powers are no match for a tough economic climate. Marvel posted a quarterly profit of $29M, down from $46M this quarter, one year ago. Also, Marvel’s revenue fell from $156.9M to $116.3M.