Jefferies Cuts Price Target After Lionsgate (LGF) Reports Disappointing 3Q Results

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LIONSGATE REPORTS RESULTS FOR THIRD QUARTER 2016

February 4, 2016 4:00 PM EST

Revenue is $670.5 Million; Net Income Attributable to Lionsgate Shareholders is $40.7 Million or EPS of $0.27; Adjusted EBITDA is $53.6 Million

Free Cash Flow Increases to $73.9 Million

Company Pays Quarterly Cash Dividend of $0.09 per Common Share

SANTA MONICA, Calif. and VANCOUVER, British Columbia, Feb. 4, 2016 /PRNewswire/ -- Lionsgate (NYSE: LGF) today reported revenue of $670.5 million, adjusted EBITDA of $53.6 million, adjusted net income attributable to Lionsgate shareholders of $66.8 million or adjusted EPS of $0.45, and net income attributable to Lionsgate shareholders of $40.7 million or EPS of $0.27 for the fiscal 2016 third quarter... More

Lionsgate Acquires Rights to Globally-Renowned Magic Tree House Book Series

February 4, 2016 12:00 PM EST

Mary Pope Osborne's Critically-Lauded Franchise Has Sold Over 130 Million Books and Been Translated into 35 Languages around the World

Studio Plans Multiple Live-Action Films

SANTA MONICA, Calif. and VANCOUVER, Feb. 4, 2016 /PRNewswire/ -- Continuing to expand its portfolio of brands and franchises, Lionsgate (NYSE: LGF), a premier next generation global content leader, has acquired the rights to the Magic Tree House book series, it was announced today by Lionsgate Motion Picture Group Co-Chairs Rob Friedman and Patrick Wachsberger. The Company is developing multiple live-action... More