BUSINESS

Marvel's Iron Man Boosts Earnings

03/27/2009 05:12 am ET | Updated May 25, 2011

Marvel (NYSE: MVL - News) Entertainment's fourth-quarter earnings were buoyed by the release of Iron Man 2 on DVD, which accounted for the lion's share of the company's $135 million in film revenue. Total revenues for the company, which publishes brands like Spider Man, X-Men, Thor, The Avengers and the Incredible Hulk, grew to $224.3 million in the fourth quarter from $109.3 million during the same period in 2007. EPS for Marvel was $0.80 per share versus $0.33 per share during the fourth quarter of the year earlier. The increase was mostly due to the DVD release of Iron Man 2 in September 2008--there were no DVD releases during the fourth quarter of 2007.

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