Eros International (EROS) Q3 Revenues Miss Slightly

Eros International (NYSE: EROS) reported Q3 revenue of $65.2 million versus the consensus estimate of $65.89 million.

• Eros has $134.6 million of cash on the balance sheet as of December 31, 2017.
• Consolidated revenue for the three months ended December 31, 2017 was $65.2 million.
• Operating profit for the three months ended December 31, 2017 was $16.5 million.
• Adjusted EBITDA for the three months ended December 31, 2017 was $23.6 million which resulted in a margin of 36.2%.
• Net debt decreased 4.6% to $150.3 million as at December 31, 2017 from $157.6 million as of March 31, 2017.

For earnings history and earnings-related data on Eros International (EROS) click here.

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