Lionsgate Studios Reports Strong Q4 Earnings Amid Revenue Decline
Despite a decline in quarterly revenue to $907 million, Lionsgate Studios reported improved profitability with adjusted OIBDA rising 17% year-over-year to $165 million and positive free cash flow of $190 million. The company highlighted strong performance from recent film releases like 'The Housemaid' and the potential for its first billion-dollar box office hit in 'Michael.' Management also noted a strengthening television division, with renewals expected to nearly double episodic deliveries by fiscal 2027.
Tickers: $LION
Topics: debt_reduction film_performance profitability revenue television_renewals