(Source: )
There's some good news for DreamWorks Animation's bottom line. The studio reported that they made $93.7 million in the first three months of 2007. That's a 56% improvement from the same time last year, when the studio made $60.1 million.
The Glendale-based studio also made a net income of $15.4 million (15 cents per share on a fully diluted basis). That's up 25% from $12.3 million (12 cents per share) from the same period in 2006.
"In what was a relatively quiet quarter, our library of titles continued to perform well especially in the home video market, with Over the Hedge performing even better than we had expected," said DreamWorks Animation CEO Jeffrey Katzenberg.