Lionsgate Q4 2023 Earnings Report
Key Takeaways
Lionsgate reported a strong fourth quarter with revenue up 17% year-over-year to $1.1 billion. The company saw an operating loss of $49.6 million and a net loss attributable to Lionsgate shareholders of $96.8 million, or $0.42 diluted net loss per share. Adjusted OIBDA increased by 67% year-over-year to $138.0 million, and adjusted net income attributable to Lionsgate shareholders was $49.2 million, or $0.21 adjusted diluted earnings per share. STARZ reported strong subscriber growth, adding 700,000 domestic OTT subscribers.
Fourth quarter revenue increased by 17% year-over-year to $1.1 billion.
Operating loss was $49.6 million, and net loss attributable to Lionsgate shareholders was $96.8 million, or $0.42 diluted net loss per share.
Adjusted OIBDA rose by 67% year-over-year to $138.0 million.
STARZ experienced strong subscriber growth, gaining 700,000 domestic OTT subscribers sequentially.
Lionsgate
Lionsgate
Lionsgate Revenue by Segment
Forward Guidance
The company enters Fiscal 24 with strong earnings momentum and all the elements in place for strong growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income