Thursday, June 2, 2011

Lionsgate earnings up sharply in Q4

Lionsgate has reported earnings of $46.1 million, or 34 cents a share, for its fourth quarter ended March 31, up sharply from a loss of $22.3 million, or 19 cents a share, in the year-ago period -- well above analysts' expectations of 18 cents a share. The minimajor, which disclosed the earnings after the market closed Tuesday, reported quarterly revenue decreased by 6% to $376.9 million.

Contact Dave McNary at dave.mcnary@variety.com

Source: http://www.variety.com/article/VR1118037809?categoryid=4076&cs=1&cmpid=RSS%7CNews%7CLatestNews

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