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Lionsgate revenue jumps 41% on Michael and TV sales, narrowing net loss

Lionsgate Studios reported quarterly revenue of $668.8 million, up 41% from a year earlier, driven by the Michael biopic and television series sales. The company swung to operating income and narrowed its net loss, beating Wall Street forecasts.

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Lionsgate Studios reported quarterly revenue of $668.8 million, up 41% from a year earlier, driven by the Michael biopic and television series sales. The company swung to operating income and narrowed its net loss, beating Wall Street forecasts.