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Jun 30, 2023

Lionsgate Q1 2024 Earnings Report

Reported a strong financial quarter with record library performance and executed its strategic agenda culminating in signing a definitive agreement with Hasbro to acquire global entertainment platform eOne.

Key Takeaways

Lionsgate reported first quarter fiscal 2024 results with revenue of $908.6 million, a 2% increase year-over-year. The company reported an operating loss of $16.8 million and a net loss attributable to Lionsgate shareholders of $70.7 million, or $0.31 diluted net loss per share. Adjusted OIBDA was $85.7 million.

First Quarter Revenue of $909 million was Up 2% Year-over-Year

Operating Loss was $16.8 Million; Net Loss Attributable to Lionsgate Shareholders was $70.7 Million or $0.31 Diluted Net Loss Per Share

Adjusted OIBDA of $85.7 Million was Up Significantly Year-over-Year

Trailing Twelve Month Film & Television Library Revenue was a Record $896 Million

Total Revenue
$909M
Previous year: $894M
+1.6%
EPS
-$0.04
Previous year: -$0.23
-82.6%
Gross Profit
$427M
Previous year: $297M
+43.7%
Cash and Equivalents
$323M
Previous year: $379M
-14.7%
Free Cash Flow
$20.3M
Previous year: -$9.8M
-307.1%
Total Assets
$7.46B
Previous year: $9.09B
-17.9%

Lionsgate

Lionsgate

Lionsgate Revenue by Segment

Forward Guidance

Lionsgate's forward guidance was not included in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income