FULL DISCLOSURE: Lionsgate and Harmony Gold have a deal to distribute Robotech: Love Live Alive and Robotech: The Shadow Chronicles on DVD.
The stock is up about 4.7% in after-hours trading after the studio reported 12-month growth in just about every unit except for television production. In the quarter that ended in March, Lionsgate had net income of nearly $163M, up from a $22.7 loss in the period last year, on revenues of $785.7M, +21.8%. The top line beat the Street’s expectation for $753.0M. And earnings at $1.10 were well ahead of predictions for 44 cents.