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Lions Gate Entertainment Shares Rise 22% on 3Q Revenue Beat

Por: MarketWatch Business February 10, 2023

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Lions Gate posted net income of $15.2 million, or 7 cents a share, for the three months ended Dec. 31, compared with a loss of $48.9 million, or 20 cents a share, a year earlier. Adjusted earnings were 26 cents a share, above estimates of 6 cents a share from analysts polled by FactSet. Revenue rose to $1 billion from $885.4 million a year ago. Analysts expected revenue of $888.1 million. Revenue was lifted by gains across its television... + full article



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