Loading...
•
Mar 31, 2020
Lionsgate Q4 2020 Earnings Report
Reported a strong quarter to end a solid fiscal year despite the disruption posed by the COVID-19 global pandemic.
Key Takeaways
Lionsgate reported Q4 revenue of $944 million, an operating loss of $12 million, and a net loss attributable to Lionsgate shareholders of $45 million, or $0.20 diluted net loss per share. Adjusted diluted EPS was $0.21, with adjusted OIBDA of $126 million. The company's global over-the-top paid subscribers increased to 10.6 million, driven by strong gains at Starz, which reached 6.8 million domestic OTT paid subscribers.
Fourth Quarter Revenue was $944 Million.
Operating Loss was $12 Million.
Net Loss Attributable to Lionsgate Shareholders was $45 Million or $0.20 Diluted Net Loss per Share
Adjusted Diluted EPS was $0.21 with Adjusted OIBDA of $126 Million
Revenue by Segment
Forward Guidance
Lionsgate is closely monitoring the impact of the COVID-19 global pandemic and is working to mitigate its effects on the business.
Positive Outlook
- Television and streaming consumption around the globe has increased.
- Home entertainment demand has increased.
- STARZ has experienced an increase in viewership of its content across all platforms.
- STARZ has experienced increase in subscribers to its OTT services, both domestically and internationally.
- The company has been able to adapt to new circumstances by releasing theatrical films earlier on streaming platforms.
Challenges Ahead
- The impact of the ongoing COVID-19 global pandemic and measures to prevent its spread, and the resulting unprecedented economic uncertainty, are affecting our business in a number of ways.
- Experienced early termination of the theatrical run of one of our films domestically and one of our films in the UK.
- Experienced delayed theatrical distribution of several films domestically and internationally.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...