Navarre Corporation a publisher and distributor of physical and digital home entertainment and multimedia software products,  reported period ending December 31,2007.Financial Results -- Third Quarter Fiscal FUNimation Entertainment, buoyed by strong sales from anime properties such as DragonBall Z.Newly-remastered Dragon Ball Z Season 1 box set has been especially good for FUNimation.

FUNimation Entertainment, buoyed by strong sales from anime properties such as DragonBall Z, Full Metal Alchemist, Trinity Blood and Basilisk, recorded an impressive 47.8% spike in sales during the first quarter of 2007.Navarre reported its fiscal third quarter results (ending December 31st) Wednesday, noting that FUNimation had a "solid quarter," meeting profit expectations higher than the year ago.
FUNimation's sales and profits were both positively affected by the resolution of a dispute with Atari over Dragon Ball Z video games.FUNimation's sales and profitability benefited from the resolution of a dispute with Atari, a licensee of interactive video game rights to the Dragonball Z franchise, which resulted in the realization of previously unpaid royalties.FUNimation anticipates that its licenses to Atari will provide an additional revenue stream going forward as a $10 million prepaid royalty advance that was received by FUNimation in 2004 has now been earned out.FUNimation enjoyed such a stellar spring.

Source: Navarre Corporation.