Lionsgate Q1 revenue rises 48%, beating estimates on box office gains
Lionsgate Q1 revenue rises 48%, beating estimates on box office gains
Overview
U.S. film and TV studio's fiscal Q1 revenue rose 48%, beating analyst expectations
Adjusted net income from continuing operations was $18.9 mln, or $0.06 per share
Motion picture segment profit hit a Q1 record, driven by 'Michael' and 'The Housemaid'
Outlook
Lionsgate expects to double scripted television deliveries in fiscal 2027 versus fiscal 2026
Company says it is positioned to deliver strong growth in fiscal 2027 and beyond
Result Drivers
THEATRICAL RELEASES - Co said motion picture segment growth was driven by the box office success of 'Michael' and ancillary revenue from 'The Housemaid'
EPISODIC DELIVERY TIMING - Co said television production segment revenue and profit declined due to timing of episodic deliveries
LIBRARY AND BACKLOG - Co cited increased visibility and stability from its film and TV library and a 21% rise in filmed entertainment backlog
Company press release: ID:nPn2wrn0Fa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $776.60 mln | $698.83 mln (10 Analysts) |
Q1 Net Loss |
| $29.30 mln |
|
Q1 Income from Operations |
| $25.60 mln |
|
Reuters Recommended Reads
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Aug 4 - Paramount Skydance reports mixed second quarter as Warner deal faces March trial
Aug 5 - The US box office is booming, but fewer people are going to the movies
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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Lionsgate Studios Corp. reports results for the quarter ended June 30 - Earnings Summary
Lionsgate Q1 revenue rises 48%, beating estimates on box office gains