Starz Q4 revenue $322.8M, net loss $20.7M; OTT subs record 12.7M

STARZ ENTERTAINMENT CORP /CN/

2025-FY EPS reported -$6.92 revenue$963,400,000

Revenue $322.8M; net loss $(20.7)M ($(1.24)/share); operating loss $(4.7)M.
Adjusted OIBDA $55.5M; trailing 12-month adjusted OIBDA $204.0M.
Total US subscribers 17.6M (+170k QoQ); OTT subscribers 12.7M (+370k QoQ, record).
2026 outlook: grow adj. OIBDA & OTT revenue, delever to ~2.7x, improve FCF.
Net debt $589.4M; adjusted OIBDA leverage ratio 2.9x; $150M revolver undrawn.

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