Lionsgate reported a strong third quarter with solid performance across its businesses. Trailing 12-month library revenue reached a record $954 million, up 22% year-over-year. The Motion Picture Group converted midbudget films to profitability, the Television Group managed an extensive portfolio of premium properties, and STARZ returned to domestic OTT subscriber growth.
Lionsgate reported third quarter revenue of $970.5 million.
Net loss attributable to Lionsgate shareholders was $21.9 million, or $0.09 diluted net loss per share.
Adjusted net income attributable to Lionsgate shareholders was $68.4 million, or $0.28 adjusted diluted net income per share.
Lionsgate operating income was $35.8 million.
The matters discussed in this press release include forward-looking statements, including those regarding the performance of future fiscal years. Such statements are subject to a number of risks and uncertainties.
Visualization of income flow from segment revenue to net income