

Shares in Lionsgate extended their losses Wednesday after an activist investor expressed restlessness with the company's stance on AI. On above-average trading volume, the stock ended the day at $11.73, down 1% to its lowest level since April. It fell 4% on Tuesday when news of the activist's agenda first surfaced.

Lionsgate Studios delivered a strong Q1, with revenue of $776.6M and OIBDA of $79.3M, both beating estimates. Cash flow was robust, with $54M from operations and net debt down by $150M, providing greater financial flexibility. The movie studio drove results, fueled by hits like Michael and The Housemaid, with a promising upcoming slate and 21% backlog growth.

Lionsgate Studios NYSE: LION reported fiscal first-quarter revenue growth of 48% year over year to $777 million, driven by strong motion-picture performance and contributions from recent releases, while management said it expects significant adjusted OIBDA and free-cash-flow growth for fiscal 2027.

Lionsgate Studios Corp. (LION) Q1 2027 Earnings Call Transcript

Lionsgate Studios Corp. (LION) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to a loss of $0.32 per share a year ago.

The headline numbers for Lionsgate Studios Corp. (LION) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Lionsgate CEO Jon Feltheimer went to bat Thursday for Paramount CEO David Ellison and the company's hung-up merger with Warner Bros. Discovery.

Revenue was $776.6 Million, Up 48% Year-over-Year Operating Income was $25.6 Million Net Loss from Continuing Operations Attributable to Shareholders was $28.8 Million, or $0.10 Diluted Net Loss Per Share Adjusted Net Income from Continuing Operations Attributable to Shareholders was $18.9 Million, or $0.06 Adjusted Diluted Net Income Per Share Adjusted OIBDA was $79.3 Million Net Cash Flows Provided by Operating Activities were $54 Million in the Quarter; Adjusted Free Cash Flow was $128.9 Million SANTA MONICA, Calif. and VANCOUVER, BC, Aug. 6, 2026 /PRNewswire/ -- Lionsgate Studios Corp. (NYSE: LION) today reported first quarter results for the quarter ended June 30, 2026.