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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

  • Aug 6 - Warner Bros' revenue disappoints on soft ad sales, weak box-office performance

  • 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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