Eros Int'l (EROS) Misses Q1 EPS by 8c; Updates Outlook

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Eros International Plc Reports Results for First Quarter FY 2017

September 9, 2016 8:28 AM EDT

Eros Now crosses full year target of 1 million paid subscribers in the very first quarter of FY 2017

ISLE OF MAN, United Kingdom ISLE OF MAN, United Kingdom--(BUSINESS WIRE)-- Eros International Plc (NYSE: EROS) (Eros or the Company), a leading global company in the Indian film entertainment industry, today reported its quarterly financial results for the three months ended June 30, 2016.

Financial Highlights:

First Quarter Ended June 30, 2016

Revenues increased by 42.2% to $71.1 million, compared to $50.0 million in the prior year period Operating profit increased by 75.6%... More