Lionsgate Ent. (LGF) Tops Q1 EPS by 19c, Sales Light

Lionsgate Ent. (NYSE: LGF) reported Q1 EPS of $0.36, $0.19 better than the analyst estimate of $0.17. Revenue for the quarter came in at $449.4 million versus the consensus estimate of $488.61 million.

Adjusted EBITDA of $77.3 million for the quarter increased 27% from adjusted EBITDA of $60.8 million in the prior year quarter.

"We're pleased to report strong adjusted EBITDA, earnings and free cash flow generation in what is historically our lightest quarter of the fiscal year," said Lionsgate Chief Executive Officer Jon Feltheimer. "During the quarter we deepened our portfolio of brands and franchises, extended our global reach and formed entrepreneurial partnerships with digital and traditional platforms alike as we used our strengths as an innovative pure play content company to position ourselves for continued growth and profitability in an increasingly dynamic industry environment."

For earnings history and earnings-related data on Lionsgate Ent. (LGF) click here.

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