Following the market close Thursday, Lions Gate Entertainment LGF reported a fourth quarter 2014 adjusted earnings per share of $0.42, slightly beating analyst expectations of $0.40, while reporting a revenue figure of $721.90 million, missing analyst expectations of $855.57M.
The company reported 13 wide releases to theaters for the year, lower than 19 in the previous year.
The Hunger Games: Catching Fire was credited with $865 million in world wide box office revenue, making it the 10th highest grossing film of all time, while television productions had a reported revenue figure of $447.4 million for the fiscal year, with international operations setting an all time high.
Possibly concerning to traders was a 2 percent decline in revenue from the motion picture segment, and a much lower fiscal year number for home entertainment compare to the 2013 fiscal year.
Moving to the balance sheet, cash dropped significantly from 2013 to 2014, falling from $62.36 million in 2013 to $25.69 million in 2014.
Following the report, Lions Gate shares fell 6.03 percent to $27.75.
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