STRZ Q1 2024 Earnings — Starz Entertainment Corp. Revenue & Financial Results | Market Cap Arena

STRZStarz Entertainment Corp.

$249M

Q1 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$909M+1.6% YoY

Gross Profit

$380M41.9% margin

Operating Income

$16M1.7% margin

Net Income

-$71M-7.8% margin

EPS (Diluted)

$-6.20

QoQ Revenue Growth

-16.3%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$20M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$6.4B

Stockholders' Equity

$726M

Cash & Equivalents

$374M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$909M	$894M	+1.6%
Gross Profit	$380M	$257M	+48.2%
Operating Income	$16M	-$55M	+128.7%
Net Income	-$71M	-$119M	+40.6%