Lionsgate Q4 revenue $1.1B (+17% YoY); adjusted OIBDA $138M, up 67%; STARZ adds 700K domestic OTT subs
STARZ ENTERTAINMENT CORP /CN/
- Q4 net loss $96.8M ($0.42 diluted EPS); adjusted net income $49.2M ($0.21 adjusted diluted EPS).
- Motion Picture segment revenue up 85% to $532.1M, driven by John Wick: Chapter 4, Jesus Revolution, Plane.
- STARZ added 700K domestic OTT subscribers sequentially; total global OTT subs up 1.3M pro forma.
- Record library revenue $884M trailing 12 months; company bought back $58M of bonds for $39M in quarter.
- Full-year fiscal 2023 revenue $3.85B, operating loss $1.86B, net loss $2.01B ($8.82 diluted loss per share).