Dreamworks Animation Announces Layoffs and 2012 Financial Results

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DreamWorks Animation announced their fourth quarter and year-end 2012 financial results today. From the company press release, DreamWorks Animation reported a total quarterly revenue of $264.7 million and a net loss of $82.7 million, or a loss of $0.98 per share. For all of 2012 (they follow a calendar year), they reported total revenue of $749.8 million and a net loss of $36.4 million, or a loss of $0.43 per share.