Lionsgate reported a strong quarter with solid financial results and global subscriber growth at STARZ. The company's film & television library achieved record TTM revenue. They are planning increased investment in content and marketing across their core businesses.
Revenue was $836.4 million.
Net loss attributable to Lionsgate shareholders was $13.9 million or diluted loss per share of $0.06.
Adjusted diluted earnings per share was $0.21.
Global Subscribers Reached 28.0 Million in the Quarter, with Global OTT Subscribers Increasing 900,000 to 14.6 Million
With the strong year we’re having in F21, we’re in great shape to take advantage of the imbalance between content supply and demand in the current environment with an increased investment in content and marketing across our core businesses in F22.
Visualization of income flow from segment revenue to net income