May 30, 2008

TORONTO -- Lionsgate reported on Friday a year-end loss on sharply higher theatrical distribution and marketing costs, but said it exceeded revenue and free cash flow estimates. Vancouver-based Lionsgate reported a loss of $74 million on revenue of $1.36 billion for the fiscal year ended March 31, 2008, compared with earnings of $24.5 million on revenue of $976.7 million for same period of 2007. Lionsgate posted free cash flow of $137 million for fiscal 2008, a key metric for the...More