Rochester, NY 8/17/2009 8:44:26 PM
News / Finance

Lions Gate Entertainment Corp., LGF - The Roar of the Lion

Lions Gate Entertainment Corp.

Lions Gate Entertainment, an independent film producer, shares gained a market high and have reach more than 12 percent soon after the company release its first quarter results which blew past analyst expectations.

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Lions Gate, which is the last operating independent studio in Hollywood, surprised both analyst and investors as the company reports a net earning per share of 30 cents for the quarter, or 21 cents on an adjusted basis, as to compared to the net loss of 1 cent than analyst had been reporting.

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