Starz Q2 net loss $42.5M, revenue $319.7M, subscribers decline sequentially

STARZ ENTERTAINMENT CORP /CN/

2026-Q1 EPS reported -$2.54 revenue$319,700,000

Net loss of $42.5M ($2.54 per share); operating loss $26.9M; Adjusted OIBDA of $33.4M.
Revenue $319.7M; management reiterates sequential revenue and OTT sub growth in Q3/Q4.
US OTT subs 12.2M (down 120k); total US subs 17.6M (down 410k); North America 19.1M (down 520k).
Net debt $573.5M ($300M Term Loan A, $325.1M notes, $51.6M cash); leverage ratio 3.2x; $150M revolver undrawn.

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