Revenue fell from $117.1 million a year ago to $85.2 million, but exceeded Wall Street's expectations.
Nevertheless, shares fell 3.1% on Monday to $29.96.
It was the third-largest loser on The Hollywood Reporter's Showbiz 50 stock index.
Marvel's better-than-expected results in revenue and profit might have been overshadowed by the company's guidance, which was lowered slightly because of a tax-rate assumption. Marvel said it would earn $1.
30-$1.55 per share this year, while its previous guidance called for $1.35-$1.
55.
"Given that this change is not based on fundamentals, we do not believe it should have a meaningful impact on the stock," said Susquehanna Financial Group analyst Michael Kelman.
Marvel posted an increase from publishing sales and toy sales, though not from licensing, hurt by falling revenue from its Spider-Man joint venture with Sony Corp.
In addition, Marvel last year benefited from the inclusion of a $50 million license fee with video game maker Activision Inc.