Dreamworks Animation (DWA) CFO, Kristina Leslie, reported in a conference call (transcript at Seeking Alpha), that the results for the second quarter were better than expected. Most of the success, according to Leslie, was from the "Madagascar home video and lower-than-expected SG&A."
Leslie commented that total revenue for the quarter was $74.9 million, with a net income of around $13.7 million, which equates to $0.13 a 
share. For the quarter Dreamworks finished with a cash balance of $526.9 million.
The report added:
"Madagascar generated about $37.9 million of revenue in the second quarter, mainly driven by pay television and home video performance. Through the end of the second quarter, Madagascar has reached an estimated 18.9 million units shipped, net of actual returns, and an estimate of future returns on a worldwide basis.
"Our second quarter release, Over the Hedge, contributed a total of $10.7 million of revenue in the quarter, $4.6 million of which was associated with the annual cost reimbursement from Paramount.
"Over the Hedge has grossed over $278 million in worldwide box office to date, with several major territories yet to be released. As is common for a film, in the quarter of its release, our distributor remains in an un-recouped position for Over the Hedge, as it has not yet recovered its up-front marketing and distribution costs. As a result, we did not recognize any revenue from the theatrical distribution of the film this quarter."
While the results are better than they expected, this is still a company that is struggling to find its way. It is far behind some of its competitors like Pixar.
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