Lionsgate Is Off To A Strong Start, Might Not Finish The Year Independent

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. LION remains a compelling M&A asset, emphasizing strategic optionality and scale, while the stock appears cheap at current levels.

Lionsgate Q1 Review: Lionsgate Studios ( LION ) reported a strong fiscal Q1 on Aug. 6. Revenue came in at $776.6 million vs. estimates of $693 million. OIBDA was $79.3 million vs. $65.3 million. Cash flow was very strong with