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Box Office Hit ‘The Housemaid’ Burnishes Lionsgate’s March Quarter
Lionsgate Studios blew past Wall Street forecasts for its fiscal fourth quarter ended in March as The Housemaid buoyed results at the motion picture group.
Segment revenue of $651.9 million and sprofit of $187.1 million grew by 23% and 39%, respectively, year-over-year, with the ancillary performance of Now You See Me: Now You Don’t and strong library sales in the mix as well. The Housemaid grossed nearly $400 million at the worldwide box office, had a great PVOD run and became the top Pay One title ever on sister company Starz.
The two recently split into separate public companies.
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