LIONSGATE REPORTS RESULTS FOR FIRST QUARTER 2016

LIONSGATE REPORTS RESULTS FOR FIRST QUARTER 2016

Adjusted EBITDA is $70.3 Million; Net Income is $40.7 Million or Basic EPS of $0.28

Company Reports Free Cash Flow of $94.7 Million

Results Reflect Strong Television Performance Driven by 73% Increase in International Licensing

Record Filmed Entertainment Backlog Increases to Over $1.3 Billion

SANTA MONICA, Calif. and VANCOUVER, British Columbia, Aug. 6, 2015 /CNW/ -- Lionsgate (NYSE: LGF) today reported revenue of $408.9 million, adjusted EBITDA of $70.3 million, adjusted net income of $48.9 million or adjusted basic EPS of $0.33, net income of $40.7 million or basic EPS of $0.28 and free cash flow of $94.7 million for the first quarter of fiscal 2016 (quarter ended June 30, 2015).

http://photos.prnewswire.com/prnvar/20130919/LA83194LOGO

The Company's EBITDA and EPS results in the quarter reflected another strong performance from its television production business, driven by a 73% surge in revenue from licensing of international programming, continued momentum at its EPIX pay television partnership and lower theatrical marketing expenses.

"We're pleased to report strong financial results with continued robust free cash flow contributing to the strongest balance sheet in the Company's history," said Lionsgate Chief Executive Officer Jon Feltheimer. "We believe that we're exceptionally well positioned to use the depth of our film and television pipelines, our natural advantages as a global content company with few legacy constraints and the strength of our capital structure to continue moving quickly and opportunistically in a dynamic and disruptive industry environment."

Adjusted EBITDA of $70.3 million for the quarter compared to adjusted EBITDA of $88.6 million in the prior year quarter. Adjusted net income of $48.9 million or adjusted basic EPS of $0.33 for the quarter compared to adjusted net income of $56.8 million or adjusted basic EPS of $0.41 in the prior year quarter.

Net income for the quarter was $40.7 million or basic EPS of $0.28 on 147.6 million weighted average number of common shares outstanding compared to $43.3 million or basic EPS of $0.31 on 138.5 million weighted average number of common shares outstanding during the prior year quarter.

Revenue of $408.9 million for the quarter compared to $449.4 million in the prior year quarter.

The Company reported free cash flow of $94.7 million in the quarter.

Record Filmed Entertainment Backlog Increases to Over $1.3 Billion

Lionsgate's filmed entertainment backlog, or already contracted future revenue not yet recorded, rose to an all-time high of over $1.3 billion at June 30, 2015, compared to $1.1 billion at March 31, 2015.

During the quarter, the Company declared another quarterly cash dividend of $0.07 per common share payable on August 7, 2015 to shareholders of record as of June 30, 2015.

Company's Combined Cash Balance and Availability Approaches $1 Billion

The Company reported a combined cash balance and availability on its revolving credit facility of nearly $1.0 billion at June 30, 2015.

Overall Motion Picture segment revenue for the quarter was $275.4 million compared to $331.9 million in the prior year quarter. Within the Motion Picture segment, theatrical revenue declined to $23.1 million. While the one wide release in the quarter, The Age of Adaline, had a strong theatrical box office performance, the Company recorded only its distribution fee as theatrical revenue under the terms of its distribution arrangement with Lakeshore Entertainment.

The Company anticipates 13 wide releases during the remainder of the fiscal year, including The Hunger Games:Mockingjay - Part 2, Allegiant - Part 1, the supernatural thriller The Last Witch Hunter and the critically-acclaimed revenge thriller Sicario.

Lionsgate's home entertainment revenue from motion picture and television production for the quarter was $129.5 million compared to $140.9 million in the prior year quarter with four recent wide release theatrical titles distributed on home entertainment platforms compared to five recent wide release theatrical titles, including The Hunger Games: Catching Fire, distributed in the prior year quarter. The decline offset gains from increased home entertainment revenue from television programming. The hit film Insurgent launched to robust numbers on packaged media, VOD and electronic sell-through platforms after the quarter.

Television revenue included in the Motion Picture segment of $48.4 million in the quarter compared to $58.8 million in the prior year quarter.

International Motion Picture segment revenue for the quarter was $84.8 million compared to $90.7 million in the prior year quarter.

Strong Television Production Performance Driven by 73% Increase in International Television Revenue

Television production segment revenue grew 14% to $133.6 million in the quarter compared to $117.5 million in the prior year quarter, driven by a 73% increase in international television revenue reflecting licensing revenue from the first three seasons of Orange is the New Black. This growth offset a decline in domestic television revenue due to timing of deliveries. The Company expects to add 16 original new series to its current pipeline of programming during the fiscal year.

Lionsgate senior management will hold its analyst and investor conference call to discuss its fiscal 2016 first quarter financial results at 9:00 A.M. ET/6:00 A.M. PT on Friday, August 7, 2015. Interested parties may participate live in the conference call by calling 1-800-230-1074 (612-288-0329 outside the U.S. and Canada). A full digital replay will be available from Friday morning, August 7 through Friday, August 14 by dialing 1-800-475-6701 (320-365-3844 outside the U.S. and Canada) and using access code 363943.

ABOUT LIONSGATE

Lionsgate is a premier next generation global content leader with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, new channel platforms, video games and international distribution and sales. The Company currently has over 30 television shows on more than 20 networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as Orange is the New Black, the multiple Emmy Award-winning drama Mad Men, the broadcast network series Nashville, the syndication success The Wendy Williams Show, the drama series Manhattan and the breakout comedy The Royals.

Its feature film business has been fueled by such successes as the blockbuster first three installments of The Hunger Games franchise, the first two installments of the Divergent franchise, The Age of Adaline, John Wick, CBS Films/Lionsgate's The Duff, Now You See Me, Roadside Attractions' Love & Mercy and Mr. Holmes and Pantelion Films' Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.

Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rate. The Company handles a prestigious and prolific library of approximately 16,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.

For further information, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com

The matters discussed in this press release include forward-looking statements, including those regarding the performance of future fiscal years. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including the substantial investment of capital required to produce and market films and television series, increased costs for producing and marketing feature films and television series, budget overruns, limitations imposed by our credit facility and notes, unpredictability of the commercial success of our motion pictures and television programming, the cost of defending our intellectual property, difficulties in integrating acquired businesses, risks related to our acquisition strategy and integration of acquired businesses, the effects of disposition of businesses or assets, technological changes and other trends affecting the entertainment industry, and the risk factors as set forth in Lionsgate's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (the "SEC") on August 6, 2015, which risk factors are incorporated herein by reference. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances.




LIONS GATE ENTERTAINMENT CORP.



UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS


June 30, March 31,
2015 2015
---- ----

(Amounts in thousands,

except share amounts)

ASSETS

Cash and cash equivalents $196,550 $102,697

Restricted cash 2,508 2,508

Accounts receivable, net of
reserves for returns and
allowances of $49,508
(March 31, 2015 -$64,362)
and provision for doubtful
accounts of $4,175 (March
31, 2015 -$4,120) 761,216 891,880

Investment in films and
television programs, net 1,539,828 1,381,829

Property and equipment, net 28,354 26,651

Investments 499,009 438,298

Goodwill 323,328 323,328

Other assets 75,278 74,784

Deferred tax assets 43,716 50,114
------ ------

Total assets $3,469,787 $3,292,089
========== ==========

LIABILITIES

Senior revolving credit
facility $ - $ -

5.25% Senior Notes 225,000 225,000

Term Loan 400,000 375,000

Accounts payable and
accrued liabilities 220,314 332,473

Participations and
residuals 501,760 471,661

Film obligations and
production loans 776,411 656,755

Convertible senior
subordinated notes 98,463 114,126

Deferred revenue 291,812 274,787
------- -------

Total liabilities 2,513,760 2,449,802
--------- ---------

Commitments and contingencies

SHAREHOLDERS' EQUITY

Common shares, no par
value, 500,000,000 shares
authorized, 148,261,908
shares issued (March 31,
2015 -145,532,978 shares) 868,487 830,786

Retained earnings 44,028 13,720

Accumulated other
comprehensive income
(loss) 43,512 (2,219)
------ ------

Total shareholders' equity 956,027 842,287
------- -------

Total liabilities and
shareholders' equity $3,469,787 $3,292,089
========== ==========



LIONS GATE ENTERTAINMENT CORP.



UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME


Three Months Ended

June 30,
--------

2015 2014
---- ----

(Amounts in thousands, except per share
amounts)

Revenues $408,941 $449,383

Expenses:

Direct operating 230,310 238,873

Distribution and marketing 71,924 97,321

General and administration 60,712 64,079

Depreciation and amortization 1,830 1,346

Total expenses 364,776 401,619

Operating income 44,165 47,764
------ ------

Other expenses (income):

Interest expense

Cash interest 10,371 9,442

Amortization of debt discount and
deferred financing costs 2,254 3,530
----- -----

Total interest expense 12,625 12,972

Interest and other income (600) (1,018)
---- ------

Total other expenses, net 12,025 11,954
------ ------

Income before equity interests and
income taxes 32,140 35,810

Equity interests income 11,388 18,210
------ ------

Income before income taxes 43,528 54,020

Income tax provision 2,844 10,759
----- ------

Net income $40,684 $43,261
======= =======


Basic net income per common share $0.28 $0.31
===== =====

Diluted net income per common share $0.26 $0.30
===== =====


Weighted average number of common shares outstanding:

Basic 147,619 138,509

Diluted 157,498 152,210


Dividends declared per common share $0.07 $0.05



LIONS GATE ENTERTAINMENT CORP.



UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS


Three Months Ended

June 30,
--------

2015 2014
---- ----

(Amounts in thousands)

Operating Activities:

Net income $40,684 $43,261

Adjustments to reconcile net
income to net cash used in
operating activities:

Depreciation
and
amortization 1,830 1,346

Amortization
of films
and
television
programs 160,419 158,808

Amortization
of debt
discount
and
deferred
financing
costs 2,254 3,530

Non-cash
share-
based
compensation 16,591 16,537

Distribution
from
equity
method
investee - 6,230

Equity
interests
income (11,388) (18,210)

Deferred
income
taxes 791 5,105

Changes in operating assets
and liabilities:

Restricted
cash - 1,391

Accounts
receivable,
net 134,173 169,514

Investment
in films
and
television
programs (315,861) (263,851)

Other
assets (2,514) 382

Accounts
payable
and
accrued
liabilities (95,336) (95,666)

Participations
and
residuals 29,916 (1,539)

Film
obligations (9,218) (34,589)

Deferred
revenue 16,776 (4,883)


Net Cash
Flows
Used In
Operating
Activities (30,883) (12,634)
------- -------

Investing Activities:

Proceeds
from the
sale of
equity
method
investees - 14,575

Investment
in equity
method
investees (800) (9,650)

Purchases
of
property
and
equipment (3,248) (1,427)


Net Cash
Flows
Provided
By (Used
In)
Investing
Activities (4,048) 3,498
------ -----

Financing Activities:

Senior
revolving
credit
facility
-
borrowings - 170,000

Senior
revolving
credit
facility
-
repayments - (183,619)

Term Loan
-
borrowings,
net of
deferred
financing
costs of
$616 24,384 -

Convertible
senior
subordinated
notes -
repurchases (5) (16)

Production
loans -
borrowings 203,087 207,953

Production
loans -
repayments (74,276) (36,859)

Repurchase
of common
shares - (109,529)

Dividends
paid (10,187) (7,066)

Excess tax
benefits
on
equity-
based
compensation
awards 45 2,771

Exercise
of stock
options 3,118 406

Tax
withholding
required
on equity
awards (16,082) (10,247)

Net Cash
Flows
Provided
By
Financing
Activities 130,084 33,794
------- ------

Net Change
In Cash
And Cash
Equivalents 95,153 24,658

Foreign
Exchange
Effects
on Cash (1,300) 22

Cash and
Cash
Equivalents
-
Beginning
Of Period 102,697 25,692


Cash and
Cash
Equivalents
-End Of
Period $196,550 $50,372
======== =======



LIONS GATE ENTERTAINMENT CORP.



RECONCILIATION OF NET INCOME TO EBITDA AND ADJUSTED EBITDA


Three Months Ended

June 30,
--------

2015 2014(1)
---- ------

(Amounts in thousands)

Net income $40,684 $43,261

Depreciation
and
amortization 1,830 1,346

Cash
interest 10,371 9,442

Noncash
interest
expense 2,254 3,530

Interest
and other
income (600) (1,018)

Income tax
provision 2,844 10,759
----- ------

EBITDA $57,383 $67,320
======= =======


Stock-
based
compensation(2) 16,879 16,421

Restructuring
and other
items(3) - 4,888

Backstopped
prints and
advertising
expense (3,934) -

Adjusted
EBITDA(1) $70,328 $88,629
======= =======


(1) The definition of Adjusted EBITDA
now includes the gains or losses
from the sale of equity method
investments. Accordingly,
Adjusted EBITDA for the quarter
ended June 30, 2014 has been
revised to include the $11.4
million gain on the sale of the
Company's interest in FEARnet
which occurred April 2014. This
presentation is consistent with
the Company's increasing
investment activity and practice
of including equity interest
income and losses from equity
method investments in Adjusted
EBITDA. Prior to the sale of
FEARnet, the Company recognized
cumulative equity interest losses
before income taxes of
approximately $11.7 million from
its interest in FEARnet.

(2) The three months ended June 30,
2015 and 2014 include cash settled
SARs expense of $0.3 million and
$1.1 million, respectively.

(3) Restructuring and other items
includes certain unusual items,
such as severance and
restructuring charges, and certain
transaction related costs, when
applicable. Amounts in the
quarter ended June 30, 2014
primarily represent severance
costs associated with the
integration of the marketing
operations of the Company's
Lionsgate and Summit film labels
and costs related to the move of
our international sales and
distribution organization to the
United Kingdom. Approximately $1.2
million of these costs are non-
cash charges resulting from the
acceleration of vesting of stock
awards.
EBITDA is defined as earnings before interest, income tax provision, and depreciation and amortization. EBITDA is a non-GAAP financial measure.

Adjusted EBITDA represents EBITDA as defined above adjusted for stock-based compensation, restructuring and other items, and backstopped prints and advertising expense. Stock-based compensation represents compensation expenses associated with stock options, restricted share units and cash and equity settled stock appreciation rights ("SARs"). Restructuring and other items includes certain unusual items, such as severance and restructuring charges, and certain transaction related costs, when applicable. Backstopped prints and advertising expense ("P&A") represents the amount of theatrical marketing expense for third party titles that the Company funded and expensed for which a third party provides a first dollar loss guarantee (subject to a cap) that such expense will be recouped from the performance of the film (which results in minimal risk of loss to the Company). The amount represents the P&A expense incurred net of the impact of expensing the P&A cost over the revenue streams similar to a participation expense (i.e. the P&A under these arrangements are being expensed similar to a participation cost for purposes of the adjusted measure). The amount is subtracted from EBITDA in the three months ended June 30, 2015 because there was no additional backstopped P&A expense incurred in the period and the amount represents the estimated amortization of the amounts previously added back. Adjusted EBITDA is a non-GAAP financial measure.

We believe EBITDA and Adjusted EBITDA to be meaningful indicators of our performance that provide useful information to investors regarding our financial condition and results of operations. EBITDA and Adjusted EBITDA are non-GAAP financial measures commonly used in the entertainment industry and by financial analysts and others who follow the industry to measure operating performance. While we consider EBITDA and Adjusted EBITDA to be important measures of comparative operating performance, they should be considered in addition to, but not as a substitute for, net income and other measures of financial performance reported in accordance with GAAP. EBITDA and Adjusted EBITDA do not reflect cash available to fund cash requirements. Not all companies calculate EBITDA or Adjusted EBITDA in the same manner and the measures, as presented, may not be comparable to similarly-titled measures presented by other companies.




LIONS GATE ENTERTAINMENT CORP.



RECONCILIATION OF FREE CASH FLOW TO

NET CASH FLOWS USED IN OPERATING ACTIVITIES


Three Months Ended

June 30,
--------

2015 2014
---- ----

(Amounts in thousands)

Net Cash
Flows
Used In
Operating
Activities $(30,883) $(12,634)

Purchases
of
property
and
equipment (3,248) (1,427)

Net
borrowings
under and
(repayment)
of
production
loans 128,811 171,094

Excess tax
benefits
on
equity-
based
compensation
awards 45 2,771
--- -----

Free Cash
Flow, as
defined $94,725 $159,804
======= ========

Free cash flow is defined as net cash flows used in operating activities, less purchases of property and equipment, plus or minus the net increase or decrease in production loans, plus or minus excess tax benefits on equity-based compensation awards. The adjustment for the production loans is made because the GAAP based cash flows from operations reflects a non-cash reduction of cash flows for the cost of films and television programs associated with production loans prior to the time the Company actually pays for the film or television program. The Company believes that it is more meaningful to reflect the impact of the payment for these films and television programs in its free cash flow when the payments are actually made.

Free cash flow is a non-GAAP financial measure as defined in Regulation G promulgated by the Securities and Exchange Commission. This non-GAAP financial measure is in addition to, not a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.

We believe this non-GAAP measure provides useful information to investors regarding cash that our operating businesses generate whether classified as operating or financing activity (related to the production of our films and television programs) within our GAAP based statement of cash flows, before taking into account cash movements that are non-operational. Free cash flow is a non-GAAP financial measure commonly used in the entertainment industry and by financial analysts and others who follow the industry. Not all companies calculate free cash flow in the same manner and the measure as presented may not be comparable to similarly titled measures presented by other companies.




LIONS GATE ENTERTAINMENT CORP.



RECONCILIATION OF EBITDA TO FREE CASH FLOW


Three Months Ended

June 30,
--------

2015 2014
---- ----

(Amounts in thousands)

EBITDA $57,383 $67,320


Plus: Amortization of film and television programs 160,419 158,808

Less: Cash paid for film and television programs(1) (196,268) (127,346)
-------- --------

Amortization of (cash paid for) film and television
programs in excess of cash paid (amortization) (35,849) 31,462


Plus: Non-cash stock-based compensation 16,591 16,537

Plus: Distributions from equity method investee - 6,230

Less: Equity interests income (11,388) (18,210)


EBITDA adjusted for items above 26,737 103,339


Changes in other operating assets and liabilities:

Restricted cash - 1,391

Accounts receivable, net 134,173 169,514

Other assets (2,514) 382

Accounts payable and accrued liabilities (95,336) (95,666)

Participations and residuals 29,916 (1,539)

Deferred revenue 16,776 (4,883)
------ ------

83,015 69,199


Purchases of property and equipment (3,248) (1,427)

Interest, taxes and other(2) (11,779) (11,307)


Free Cash Flow, as defined $94,725 $159,804
======= ========

_________________________

(1) Cash paid for film and television programs is calculated using the following amounts as presented in our consolidated statement of cash flows:

Change in investment in film and television programs $(315,861) $(263,851)

Change in film obligations (9,218) (34,589)

Production loans - borrowings 203,087 207,953

Production loans - repayments (74,276) (36,859)
------- -------

Total cash paid for film and television programs $(196,268) $(127,346)
========= =========

_________________________

(2) Interest, taxes and other consists of the following:

Cash interest $(10,371) $(9,442)

Interest and other income 600 1,018

Current income tax provision (2,053) (5,654)

Excess tax benefits on equity-based compensation
awards 45 2,771

Total interest, taxes and other $(11,779) $(11,307)
======== ========



This reconciliation is provided to illustrate the difference between our EBITDA and free cash flow which are both separately reconciled to their corresponding GAAP metrics.




LIONS GATE ENTERTAINMENT CORP.





RECONCILIATION OF INCOME BEFORE INCOME TAXES, NET

INCOME, AND BASIC AND DILUTED EPS TO ADJUSTED INCOME BEFORE

INCOME TAXES, ADJUSTED NET INCOME, AND ADJUSTED BASIC AND DILUTED EPS


Three Months Ended June 30, 2015
--------------------------------

(Amounts in thousands, except per share amounts)

Income before
income taxes Net income Basic EPS* Diluted EPS*
-------------- ---------- --------- -----------

As reported $43,528 $40,684 $0.28 $0.26

Stock-based compensation(1) 16,879 10,689 0.07 0.07

Backstopped prints and advertising expense(2) (3,934) (2,491) (0.02) (0.02)

As adjusted for stock-based compensation and
backstopped prints and advertising expense $56,473 $48,882 $0.33 $0.31
======= ======= ===== =====


Three Months Ended June 30, 2014**
---------------------------------

(Amounts in thousands, except per share amounts)

Income before
income taxes Net income Basic EPS* Diluted EPS*
-------------- ---------- --------- -----------

As reported $54,020 $43,261 $0.31 $0.30

Stock-based compensation(1) 16,421 10,401 0.08 0.07

Restructuring and other items(3) 4,888 3,096 0.02 0.02

As adjusted for stock-based compensation and
restructuring and other items** $75,329 $56,758 $0.41 $0.38
======= ======= ===== =====

_________________________

* Basic and Diluted EPS amounts may not add precisely due to rounding

** The definition of adjusted income before income taxes, adjusted net income and adjusted earnings per share now includes the gains or losses from the sale of equity method investments. Accordingly, adjusted income before income taxes,
and adjusted net income for the quarter ended June 30, 2014 has been revised to include the gain on the April 2014 sale of the Company's interest in FEARnet of $11.4 million ($7.2 million after income taxes) and representing adjusted
basic and diluted earnings per share of $0.05 for the quarter ended June 30, 2014. This presentation is consistent with the Company's increasing investment activity and practice of including equity interest income and losses from equity
method investments in adjusted income before income taxes, adjusted net income and adjusted earnings per share. Prior to the sale of FEARnet, the Company recognized cumulative equity interest losses before income taxes of approximately
$11.7 million from the Company's interest in FEARnet.
Adjusted income before income taxes, adjusted net income and adjusted basic and diluted EPS are adjusted for the following items (The adjustment to net income is net of the tax impact calculated using the statutory tax rate applicable to each adjustment):

(1) Stock-based compensation: Adjustments for stock-based compensation represents compensation expenses associated with stock options, restricted share units, cash and equity settled SARs.

(2) Backstopped prints and advertising expense: This adjusts income before income taxes and net income to eliminate the amount of theatrical marketing expense for third party titles that the Company funded and expensed for which a third party provides a first dollar loss guarantee (subject to a cap) that such expense will be recouped from the performance of the film (which results in minimal risk of loss to the company). The amount represents the P&A expense incurred net of the impact of expensing the P&A cost over the revenue streams similar to a participation expense (i.e. the P&A under these arrangements are being expensed similar to a participation cost for purposes of the adjusted measure). The amount is subtracted in the three months ended June 30, 2015 because there was no additional backstopped P&A expense incurred in the period and the amount represents the estimated amortization of the amounts previously added back.

(3) Restructuring and other items: Adjustments for certain unusual items, such as severance and restructuring charges, and certain transaction related costs, when applicable. Amounts in the quarter ended June 30, 2014 primarily represent severance costs associated with the integration of the marketing operations of the Company's Lionsgate and Summit film labels and costs related to the move of our international sales and distribution organization to the United Kingdom. A portion of these costs are non-cash charges resulting from the acceleration of vesting of stock awards.

We believe that these non-GAAP measures provide useful information to investors regarding the Company's results as compared to historical periods. The Company uses these measures, among other measures, to evaluate the operating performance of the Company. The Company believes that the adjusted results provide relevant and useful information for investors because they clarify the Company's actual operating performance and allow investors to review our operating performance in the same way as our management. Since these measures are not calculated in accordance with generally accepted accounting principles, they should not be considered in isolation of, or as a substitute for income before income taxes, net income, basic and diluted EPS. Not all companies calculate adjusted income before income taxes, adjusted net income, and adjusted basic and diluted EPS in the same manner and the measures as presented may not be comparable to similarly titled measures presented by other companies.

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SOURCE Lionsgate

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Lionsgate

Web Site: http://www.lionsgate.com


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