News Formal

Lionsgate Quarterly Earnings Beat Wall Street’s Expectations as Big Changes Loom

  • 📰 Variety
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Losses narrowed and revenues climbed as film hits such as “John Wick: Chapter 4″ helped power Lionsgate’s quarterly earnings. It’s a time of change for the company, which is expected to be acquired by Hasbro for approximately $500 million. The transaction is expected to close by the end of the year. The company’s library includes hits such as “The Woman King” and “Yellowjackets” as well as the “Naked & Afraid” franchise. “I’m pleased to report a strong financial quarter with another record library performance,” said Lionsgate CEO Jon Feltheimer.

for approximately $500 million. The transaction is expected to close by the end of the year. The company’s library includes hits such as “The Woman King” and “Yellowjackets” as well as the “Naked & Afraid” franchise.

“I’m pleased to report a strong financial quarter with another record library performance,” said Lionsgate CEO Jon Feltheimer. “We continued to execute our strategic agenda culminating in our signing a definitive agreement with Hasbro last week to acquire global entertainment platform eOne. The acquisition checks off all the boxes by adding thousands of titles to our library, growing our portfolio of brands and strengthening our scripted and unscripted television business.

Lionsgate also said that Starz had made a strategic decision to exit Latin America by the end of 2023, and will instead focus its operations on the U.S., U.K. and Canada, a sign that it is curtailing its global ambitions.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 108. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

RingCentral's stock plunges despite revenue, earnings beatRingCentral Inc.'s stock is down more than 10% in extended trading Monday, despite beating revenue and earnings expectations. The cloud-based phone system provider for small businesses reported a net loss of $21.5 million in the fiscal second quarter, compared to a net loss of $159.5 million in the same quarter last year. Adjusted earnings were 83 cents a share, while revenue increased by 11% to $539 million.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

New York Times stock rallies after big earnings beat, subscription growth helps revenue rise above forecastsShares of New York Times Co. surged 1.6% in premarket trading Tuesday, after the digital and print news company reported second-quarter earnings that beat expectations, as growth in subscription revenue offset flat advertising revenue. Net income fell $46.6 million, or 28 cents a share, from $61.8 million, or 37 cents a share, in the year-ago period.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »