Lionsgate released its latest financial results on Thursday with sharply higher overall revenues and a narrowed loss in a first quarter lifted by Antoine Fuqua’s Michael global box office. The studio, led by CEO Jon Feltheimer, posted a first quarter net loss attributable to shareholders at $28.8 million, compared to a year-earlier $109 million loss, on overall revenue rising to $776.6 million, against a year-earlier $526 million. That revenue line blew past a Wall Street forecast for $693.1 million in overall revenue. The Michael Jackson biopic has to date brought in $1.013 billion in global box office after the studio tapped Universal to…
