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Stock impact report

Don't Panic Over Lions Gate's Bottom-Line Loss [The Motley Fool]

Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A) 
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Don't Panic Over Lions Gate's Bottom-Line Loss Seasonal effects and heavy investment in expanding the company's streaming-video services led to deeper losses in the first quarter. Cross-platform content producer Lions Gate Entertainment ( NYSE:LGF-A ) ( NYSE:LGF-B ) reported financial results after the closing bell on Thursday, covering the first quarter of fiscal 2020. The company posted modest top-line growth alongside deeper bottom-line losses. The entertainment giant is absorbing higher operating costs as its streaming-video services expand around the world. Here's a closer look at Lions Gate's latest report. Data source: Lions Gate. GAAP = generally accepted accounting principles. In the earnings call, Lions Gate CEO Jon Feltheimer noted that his company must be willing to change along with a rapidly evolving entertainment industry . "I want to spend a moment talking about how we're positioning ourselves in a world that is changing faster than ever before in which talent cost c Show less Read more
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