- Lionsgate reported a 48% year-over-year revenue increase to $776.6 million for the first quarter of fiscal 2027, driven by the theatrical success of the film Michael and the performance of its library.
- The company achieved its leverage target of 4.3x ahead of schedule with $1.5 billion in net debt, while expanding its filmed entertainment backlog to $1.5 billion.
- Management highlighted a diverse television strategy, including a three-year international licensing deal with Netflix for the Power series, and anticipates strong sequential profit growth through the remainder of the fiscal year.