Lionsgate Q3 Earnings
Lionsgate (NYSE: LGF), the maker/distributor of television, movie and music content including popular programming like Showtime’s Weeds, announced results of Q3 on Tuesday (year end results due in early April) .
For the quarter ended Dec 31, 2006, revenues were up 11% to $254.5m. Operating income was up 270%. International revnue was up 90%. Home movie and theatrical operations saw single digit revenue declines but free cash flow increased by well over 100% to $50.7m
Sequels do out later in the year to its Saw and Hostel movie franchises are expected to provide solid growth for the company. Rumors of the company being a potential acquisition target are encouraged by their positive growth.
More detailed press coverage on Lionsgate’s finances can be found at:
