RBC Capital Upgrades Lions Gate (LGF) to Outperform
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LIONSGATE REPORTS RESULTS FOR SECOND QUARTER FISCAL 2017
November 3, 2016 4:00 PM EDTRevenue Increases 34% to $639.5 Million; Net Loss Attributable to Lionsgate Shareholders is $(17.5) Million or Basic Net Loss per Common Share of $(0.12)
Television Production Revenues Increase 43%; Motion Picture Group Revenues Grow 31%
Filmed Entertainment Backlog Remains at $1.5 Billion
SANTA MONICA, Calif. and VANCOUVER, Nov. 3, 2016 /PRNewswire/ -- Lionsgate (NYSE: LGF) today reported revenue of $639.5 million, net loss attributable to Lionsgate shareholders of $(17.5) million or basic net loss per common share of $(0.12), adjusted net income attributable to Lionsgate shareholders of $16.9 million or adjusted basic EPS of $0.11, and adjusted EBITDA of $2.6 million for... More