FUNimation Reports 'Solid Quarter'

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Navarre reported its fiscal third quarter results (ending December 31st) late Wednesday, noting that FUNimation had a 'solid quarter,' meeting profit expectations higher than the year ago period.  FUNimation's sales and profits were both positively affected by the resolution of a dispute with Atari over Dragon Ball Z videogames.  The release also noted that FUNimation continues to grow share of the anime market. 

Over-all, Navarre reported flat earnings on sales up over 11% vs. the year ago period.