Lionsgate Studios Corp. (LION, Financial) experienced a significant rise in its stock price, climbing 5.17% to reach $7.12 per share. The trading volume for the day was 356,734 shares, resulting in a turnover rate of 0.12% and a price fluctuation identical to the stock's rise.
Financial reports reveal that Lionsgate Studios posted a revenue of $824 million, but faced a net loss of $113 million, translating to an earnings per share of -$0.39. The gross profit was recorded at $191 million, with a price-to-earnings ratio of -12.46.
According to analysts' ratings, all three participating firms recommend buying Lionsgate Studios shares, with none suggesting to hold or sell. Within the entertainment industry, to which Lionsgate belongs, overall stock growth was noted at 1.18%. Other notable performers in this sector include Alliance Entertainment Holding Corp, Multimetaverse Holdings Limited, and Cineverse Corp.
Lionsgate Studios Corp. stands out for its world-class film and television production capabilities, along with its STARZ-branded premium subscription service, offering a diverse array of entertainment options globally. The company's operations are divided into film and television production, including development, acquisition, and distribution rights both in North America and worldwide.
