Eros International reports Q1 results
- Co reports Q1 EPS of ($0.02) vs $0.00 Capital IQ consensus two analyst estimate; revs -14% YoY to $60.8 mln vs $52.78 mln Capital IQ Consensus Estimate
- As of September 30, 2017, Eros Now paying subscribers increased to 3.7 million from 2.9 million as of June 30, 2017. This represents a quarter-over-quarter increase of 27.6%. Over that same period, registered users have grown to over 75 million.
- Operating profit for the quarter ended June 30, 2017 increased by 62.5% to $11.7 million from $7.2 million in the prior year period.
- Adjusted EBITDA for the quarter ended June 30, 2017 decreased by 12.7% to $15.8 million from $18.1 million in the prior year period