DreamWorks Animation Falls Short of Earnings Expectations and Shares Sink

July 29, 2014 10:22 PM

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DreamWorks Animation Falls Short of Earnings Expectations and Shares Sink

UPDATED: The company says it hasn't yet reaped the benefits of "How to Train Your Dragon 2." The company also said regulators are looking into a write-down for "Turbo."

DreamWorks Animation on Tuesday reported a net loss of $15.4 million, or 18 cents per share, much wider than analysts had expected as How to Train Your Dragon 2 awaits release in several significant international territories, including China, Spain and Italy.

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