UPDATE: Lions Gate FQ2 Profit Drops 99%
November 08, 2013 at 10:21 AM EST
Lions Gate Entertainment (NYSE: LGF ) reported a 99% drop in its fiscal second-quarter profit. Lions Gate's quarterly profit declined to $505,000, or breakeven per share, versus a year-ago profit of $75.5 million, or $0.53 per share. Excluding one-time items, it earned $0.18 per share. Its revenue dropped 29% to
