Saturday, April 30, 2016
Restructuring Charges Expand DreamWorks Animation Q1 Loss
Beset with a $31.9 million pre-tax charge associated with previously-announced restructuring, DreamWorks Animation April 30 reported a first-quarter (ended March 31) net loss of $54.8 million — up 27.5% from a net loss of $42.9 million during the prior-year period.
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