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Lions Gate: Fiscal Q1 Earnings Snapshot

August 4, 2022 GMT

SANTA MONICA, Calif. (AP) _ Lions Gate Entertainment Corp. (LGF.A) on Thursday reported a loss of $119 million in its fiscal first quarter.

On a per-share basis, the Santa Monica, California-based company said it had a loss of 53 cents. Losses, adjusted for non-recurring costs and stock option expense, were 23 cents per share.

The motion picture producer and distributor posted revenue of $893.9 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $914.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LGF.A at https://www.zacks.com/ap/LGF.A