Starz Entertainment Q3 revenue rises year-over-year
STRZ•Starz Entertainment said Q3 revenue and OTT revenue grew sequentially and year over year. Adjusted OIBDA more than doubled to $44.2 million despite a $21.2 million operating loss, and the company reaffirmed its 2026 targets, including $100 million to $120 million in unlevered free cash flow.
1. Q3 results and outlook
Starz Entertainment reported year-over-year growth in Q3 revenue and OTT revenue. Adjusted OIBDA was $44.2 million, more than double the year-earlier level, while operating income was a loss of $21.2 million. The company reaffirmed its 2026 outlook, including mid-single-digit percentage growth in adjusted OIBDA and $100 million to $120 million in unlevered free cash flow.
