Starz reports a GAAP EPS loss of $11.27 and $307.9M revenue, missing earnings but beating sales expectations.
Starz Entertainment Corp. posted a Q2 GAAP earnings per share loss of $11.27, missing estimates by $5.79. Revenue reached $307.9 million, down 3.7% year-over-year but exceeding forecasts by $1.14 million.
The company’s cash and cash equivalents stood at $59.6 million. Despite the earnings miss, Starz reiterated its outlook for positive year-over-year OTT revenue growth in 2026, maintaining prior guidance.
Shares showed limited immediate reaction to the mixed results, with investors focusing on the revenue beat and long-term outlook.