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Lionsgate Reports Strong Q1 Theatrical Revenue Despite Company’s Net Loss

Photo by: The Wrap

Lionsgate reported revenue for the fiscal first-quarter on Thursday that was above Wall Street expectations led by a strong quarter for its film division due to the performance of “John Wick: Chapter 3 — Parabellum.” The company, however, had a net loss of $54 million for the quarter, or a loss of 25 cents per share. Lionsgate’s adjusted per-share loss was 2 cents. Analysts tracking the company...

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