Lionsgate’s Film and TV Library Revenue Helps Shrink Quarterly Loss
Lionsgate has released its third quarter financial results after the spinoff of the media giant’s studio business into a separately traded stock.
The studio, led by CEO Jon Feltheimer, posted a sharply narrowed net loss attributable to shareholders at $21.9 million, compared to a year-earlier loss at $107.4 million when Lionsgate at the time reported on the impact of the earlier Hollywood writers and actors strikes on its content production and release pipeline.
During the latest quarter to Dec. 31, 2024, overall revenue fell to $970.5 million, against $975.1 million in the same period of last year. That blew past an analyst estimate for $922 million in overall third quarter revenues by $48 million.
Lionsgate posted an adjusted earnings per-share at 28 cents, which surpassed the analyst estimate by 21 cents. And the studio’s adjusted Oibda came to $144.2 million, against a year-earlier $151 million, which well exceeded the Wall Street estimate for $104 million in adjusted Oibda.
Lionsgate is the studio behind John Wick,...
The studio, led by CEO Jon Feltheimer, posted a sharply narrowed net loss attributable to shareholders at $21.9 million, compared to a year-earlier loss at $107.4 million when Lionsgate at the time reported on the impact of the earlier Hollywood writers and actors strikes on its content production and release pipeline.
During the latest quarter to Dec. 31, 2024, overall revenue fell to $970.5 million, against $975.1 million in the same period of last year. That blew past an analyst estimate for $922 million in overall third quarter revenues by $48 million.
Lionsgate posted an adjusted earnings per-share at 28 cents, which surpassed the analyst estimate by 21 cents. And the studio’s adjusted Oibda came to $144.2 million, against a year-earlier $151 million, which well exceeded the Wall Street estimate for $104 million in adjusted Oibda.
Lionsgate is the studio behind John Wick,...
- 2/6/2025
- by Etan Vlessing
- The Hollywood Reporter - Movie News
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