Dreamworks Animation (DWA) this afternoon posted Q1 revenue of $162.1 million and profits of 24 cents a share, ahead of the Street at $135.6 million and 24 cents. The company notes that How To Train Your Dragon contributed $59.7 million in revenue to the quarter. To date, the movie has generated $180 million in domestic box office receipts and $195 million in international box office receipts.
Dreamworks said it plans to release a sequel to Dragons in 2013.
DWA in late trading is unchanged at $42.36.
The movie is worth seeing by the way; for various reasons, I’ve seen it twice.
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