Shares of DreamWorks Animation Skg Inc. (NASDAQ:DWA) gained about 6.85% by afternoon trade after the studio following the closing bell on Tuesday surprised the street by posting fiscal first quarter profit and handed revenue which comfortably edged past consensus estimate. For the recently concluded quarter, DreamWorks reported net income of $5.6 million or 7 cents a share against profit of $9.1 million or 11 cents a share, in the year-earlier quarter. Revenue for the period came at $135 million compared to $136.1 million, in the same period of last fiscal. Analysts were expecting a loss of 3 cents a share on revenue of $99 million.
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