Lions Gate posts profitable quarter for Jul-Sept
Lions Gate Entertainment has posted net income of $0.5m for the second quarter of 2001 ending Sept 30, 2000. Revenues were $66.5m, net earnings were $2.6m minus a non-cash operating loss of $2.1m in Mandalay Pictures and EBITDA (earnings before interest, taxes, depreciation and amortisation) was $5.3m. The results mark Lions Gate's fifth straight quarter of profitability excluding its equity interest in the losses of Mandalay.Lions Gate's 45% equity investment in Mandalay - ...
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