Lionsgate reported a challenging third quarter of fiscal 2026, with total revenue declining to $970.6 million from $1.036 billion in the prior year. The Motion Picture segment experienced a significant revenue drop, while Television Production and Starz segments showed growth. The company posted a net loss of $10.0 million, a decrease from a net income of $17.6 million in the same period last year, and diluted EPS was -$0.04.
Total revenue for Q3 fiscal 2026 decreased by 6.3% to $970.6 million compared to $1.036 billion in the prior year quarter.
The Motion Picture segment revenue fell by 23% to $370.0 million, primarily due to a difficult comparison with the prior year's strong theatrical slate.
Television Production segment revenue increased by 10% to $290.0 million, driven by strong content deliveries.
Starz segment revenue grew by 3% to $310.6 million, benefiting from subscriber growth and increased licensing revenue.
Lionsgate anticipates continued growth in its Television Production and Starz segments, driven by strong content slate and subscriber expansion. The Motion Picture segment is expected to stabilize with upcoming releases.
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