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Sep 30, 2023
Lionsgate Q2 2024 Earnings Report
Reported second quarter fiscal 2024 results, with revenue of $1.0 billion and a net loss attributable to Lionsgate shareholders of $886.2 million.
Key Takeaways
Lionsgate reported a strong financial quarter with robust library performance and segment profit growth across film, television, and STARZ businesses. The company reaffirmed its full-year guidance despite the negative impact of the strike and is moving towards closing the eOne acquisition. STARZ saw domestic OTT subscriber growth and is focusing on becoming a profitable standalone company.
Second quarter revenue was $1.0 billion.
Operating loss was $817.5 million, including significant charges related to Media Networks.
Adjusted OIBDA was $140.7 million, and adjusted free cash flow was $133.4 million.
STARZ gained 200K domestic OTT subscribers in the quarter.
Revenue by Segment
Forward Guidance
Lionsgate reaffirmed its guidance for the full year, even with the negative impact of the strike.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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