DreamWorks sees annual TV revenue $200M by 2015 On an analyst conference call, DreamWorks said it expects to generate about $100M of television revenue in 2013, and expects to grow its television revenue number to $200M annually by 2015. The company also said it expects gross profit margin of about 30% for its television segment, which it says it consistent with historical margins for its feature film business. Comments taken from live transcript of call. Shares of DreamWorks are up about 0.9% in after hours trading.
DreamWorks August weekly volatility elevated into Q4 and outlook DreamWorks August weekly call option implied volatility is at 68, August is at 48, September is at 43; compared to its 52-week range of 29 to 70, suggesting large near term price movement into the expected release of Q2 results on August 4.
DreamWorks upgraded to Market Perform from Underperform at FBR Capital FBR Capital analyst Barton Crockett upgraded DreamWorks (DWA) to Market Perform saying growth from licensing more TV shows to Netflix (NFLX) should offset increased competition in core feature films. Crockett raised his price target for shares to $26.