Video Title: (Lions Gate Entertainment Corp Reports 25 Yoy Boost To Q2 Revenue)
Video Duration: 1:09
From: FinancialNewsOnline
Category: News and Politics
lions gate entertainment corp. nyse:lgf reported a 25 increase year-over-year to its q2 revenue of s456.3 million, following the closing bell tuesday afternoon. adjusted ebitda came in at s24.3 million, down from s53.9 million in the year-ago period. basic net loss was s0.22 per share. co-chairman and ceo jon feltheimer commented, ""we had a strong quarter with adjusted ebitda and free cash flow trending positive and on track for our full year numbers, although higher theatrical marketing costs ociated with our larger slate of films impacted quarter-to-quarter comparisons. we continued to generate strong momentum across our diverse slate of businesses, especially in television and channels, and hit films such as the expendables and the last exorcism underscored the diversity of our film slate and the strength of our financial model.""
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