STARZ Reports Q3 Revenue of $320.9 Million and Net Loss of $52.6 Million
STARZ Entertainment Corp. reported consolidated revenue of $320.9 million for the quarter ended September 30, 2025. The company recorded a net loss of $52.6 million, or $3.15 per share, and an operating loss of $34.8 million. Adjusted OIBDA was $21.8 million. U.S. OTT subscriber growth reached 520,000 year-to-date and 670,000 year-over-year, with engagement on the STARZ app hitting a 12-month high during the period. STARZ ended the quarter with $37.0 million in cash, $300 million outstanding on its Term Loan A credit facility, and $325.1 million in senior unsecured notes, resulting in total net debt of $588.1 million. The company's $150 million revolving credit facility remained undrawn at the end of the quarter, and the trailing twelve-month Adjusted OIBDA Leverage Ratio was 3.4x. Management reiterated its previously provided 2025 outlook.
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