STRZ Q2 2024 Earnings — Starz Entertainment Corp. Revenue & Financial Results | Market Cap Arena

STRZStarz Entertainment Corp.

$249M

Q2 2024 Earnings

Communication Services Entertainment

Income Statement

Revenue

$1.0B+16.0% YoY

Gross Profit

$423M41.6% margin

Operating Income

$68M6.7% margin

Net Income

-$886M-87.3% margin

EPS (Diluted)

$-75.80

QoQ Revenue Growth

+11.8%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$48M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$6.0B

Stockholders' Equity

-$221M

Cash & Equivalents

$255M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$875M	+16.0%
Gross Profit	$423M	$488M	-13.5%
Operating Income	$68M	$203M	-66.4%
Net Income	-$886M	-$1.8B	+51.1%