Lionsgate Studios Corp

NASDAQ:LIONUnited States

Nov 7, 2024

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• Press Release: LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR SECOND QUARTER FISCAL 2025, from 4:08PM ET on Thursday Nov 07, 2024 by Dow Jones

  4:08PM ET on Thursday Nov 07, 2024 by Dow Jones
  Companies Mentioned: LION
  Adjusted depreciation and amortization NRE Restructuring and other(1) NRE COVID-19 related charges (benefit)(2) NRE Adjusted share-based compensation expense(3) NRE Purchase accounting and related adjustments(4) NRE -------------------------------- Starz Networks (North American Business) Adjusted OIBDA $ 200.0 ================================ _______________ NRE: Individual items are not reasonably estimated due to the nature of the items. (1) Restructuring and other is intended by its very nature for unusual items and thus not reasonably estimable. We've had restructuring and other charges in the past, which have included severance charges, and transaction, integration costs and legal costs associated with certain strategic transactions, restructuring activities and legal matters. (2) COVID-19 related charges (benefit) are not predictable due to the nature of the COVID-19 pandemic. However, the charges we are incurring have been diminishing, and insurance recovery exceeded the charges in fiscal 2024. Given the unpredictability of these charges, we are unable to provide a reliable estimate. (3) Forecasting the future market price of the Company's common shares is inherently difficult, which impacts share-based compensation and accordingly, we are unable to reliably estimate these amounts. (4) Purchase accounting and related adjustments primarily represent the amortization of non-cash fair value adjustments to certain assets acquired in recent acquisitions. These amounts may vary significantly depending on the level of future acquisitions, and thus we are unable to provide a reliable estimate.