lions gate entertainment cor (LGF) Snapshot

Lions Gate Entertainment Corp. announced that the Ron Schwartz has been promoted to President and General Manager of Lionsgate Home Entertainment Sales and Distribution. Prior to his promotion, Mr. Schwartz served as Executive Vice President and General Manager of the company for seven years.

Lions Gate Entertainment Corp. reported consolidated earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported revenue of $785.708 million compared to $645.213 million a year ago. Operating income was $96.746 million compared to $2.765 million a year ago. Income before income taxes was $76.242 million compared to loss before income taxes of $20.908 million a year ago. Net income was $162.968 million or $1.10 per diluted share compared to net loss of $22.746 million or $0.17 per diluted share a year ago. Net cash provided by operating activities were $57.860 million compared to net cash used in operating activities of $2.261 million a year ago. Purchases of property and equipment was $0.495 million compared to $0.336 million a year ago. EBITDA was $97.345 million compared to $6.845 million a year ago. Adjusted EBITDA was $115.637 million compared to $30.006 million a year ago. For the year, the company reported revenue of $2,708.141 million compared to $1,587.579 million a year ago. Operating income was $273.079 million compared to $33.491 million a year ago. Income before income taxes was $156.371 million compared to loss before income taxes of $34.423 million a year ago. Net income was $232.127 million or $1.61 per diluted share compared to net loss of $39.118 million or $0.30 per diluted share a year ago. Net cash provided by operating activities were $276.119 million compared to net cash used in operating activities of $214.113 million a year ago. Purchases of property and equipment was $2.581 million compared to $1.885 million a year ago. EBITDA was $254.205 million compared to $45.212 million a year ago. Adjusted EBITDA was $329.7 million compared to $71.6 million a year ago.

Lions Gate Entertainment Corp. Presents at Stifel Internet, Media & Communications Conference, May-20-2013 . Venue: The Pierre Hotel, New York, New York, United States.