Lions Gate Entertainment Reports Q1 Fiscal Year 2025 Financial Results
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Lions Gate Entertainment Reports Q1 Fiscal Year 2025 Financial Results
Lions Gate Entertainment Corp. (Lionsgate) has reported its financial results for the first quarter of fiscal year 2025, which ended on June 30, 2024.
Key Financial Metrics
| Metric | Q1 FY 2025 | Q1 FY 2024 | Year-over-Year | Wall Street Consensus Estimates |
|---|---|---|---|---|
| Total Revenue | Not provided | $901.87 million | Not provided | Not provided |
| Earnings Per Share (EPS) | Not provided | Not provided | Not provided | Not provided |
Interpretation: The quarterly revenue decreased, reflecting declines primarily in the Motion Picture and Media Networks segments, as detailed in subsequent sections.
Revenue Performance by Segment
| Segment | Q1 FY 2025 Revenue | Q1 FY 2024 Revenue | Year-over-Year Change |
|---|---|---|---|
| Motion Picture | $135.0 million | $194.2 million | -$59.2 million |
| Television Production | $152.5 million | $129.9 million | +$22.6 million |
| Media Networks | $416.9 million | $447.9 million | -$31.0 million |
Interpretation: - Motion Picture : Revenue dropped due to lower theatrical, home entertainment, and international revenue, partially offset by increased television revenue. It included approximately $25.1 million from eOne. - Television Production : Revenue rose due to increased domestic television, international, and home entertainment digital revenue. It included approximately $76.5 million from eOne. - Media Networks : Revenue decline was mainly driven by exiting international territories, partially offset by an increase at Starz Networks.
Dividends or Share Repurchase Program
During the three months ended June 30, 2024, the company did not repurchase any common shares.
Stock Price Movement
After the earnings event, the stock price changed by -0.57%.
Summary
Lionsgate’s Q1 FY 2025 results revealed challenges in their Motion Picture and Media Networks segments, impacted heavily by decreased revenues in both segments due to significant market adjustments and restructuring activities, including exiting certain international territories. However, the Television Production segment showed an increase in revenue, bolstered by the acquisition of eOne.
The absence of forward-looking guidance may reflect market uncertainties and ongoing restructuring impacts. The slight decrease in stock price following the earnings release could indicate market concerns over the company's strategic direction and current financial health.
This report has been organized to provide clear and concise information for investors.
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