Lions Gate Entertainment misses by $0.18, misses on revs
- Reports Q3 (Dec) earnings of $0.02 per share, excluding non-recurring items, $0.18 worse than the S&P Capital IQ Consensus of $0.20; revenues rose 5.9% year/year to $885.4 mln vs the $999.35 mln S&P Capital IQ Consensus.
- Co added, "Though COVID-related production delays resulted in diminished subscriber growth relative to our expectations in the first half of the year, putting pressure on revenues and segment profit in the current quarter, Starz's programming is back on track and expected to translate into continued subscriber growth going forward."