Lionsgate (LGF) Tops Q1 EPS by 26c, Revenue Light

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LIONSGATE REPORTS RESULTS FOR FIRST QUARTER 2016

August 6, 2015 4:00 PM EDT

SANTA MONICA, Calif. and VANCOUVER, British Columbia, Aug. 6, 2015 /PRNewswire/ -- Lionsgate (NYSE: LGF) today reported revenue of $408.9 million, adjusted EBITDA of $70.3 million, adjusted net income of $48.9 million or adjusted basic EPS of $0.33, net income of $40.7 million or basic EPS of $0.28 and free cash flow of $94.7 million for the first quarter of fiscal 2016 (quarter ended June 30, 2015).

The Company's EBITDA and EPS results in the quarter reflected another strong performance from its television production business, driven by a 73% surge in revenue from licensing... More