The Traderszone Network

Published in TZ Latest News 11 March, 2017 by The TZ Newswire Staff

After "La La Land," Can Lions Gate Keep Dancing in 2017?

Lions Gate Entertainment (NYSE: LGF-A) (NYSE: LGF-B) reported results for its third fiscal quarter back in February, posting a GAAP loss of $0.31 per share, but a gain of $0.21 per share after adjusting for severance and acquisition costs in the quarter. Film revenue was down 13% year over year despite the success of Boo! A Madea Halloween, Hacksaw Ridge, and others, as the quarter was up against previous-year big winner The Hunger Games: Mockingjay Part 2.

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