Starz Lists Third-Quarter Results and Prepares to Present Financial Update on October 29
Key Facts
Starz listed its third-quarter 2026 results statement on its quarterly results page and scheduled a call to discuss the results for October 29 at 5:00 p.m. U.S. Eastern Time, according to its investor relations page. The date follows the company’s annual forecast update in August, when it raised its estimate for adjusted operating profit growth from the low-single-digit range to the mid-single-digit range. It also raised its forecast for unlevered free cash flow to the upper half of a range of 80 to 120 million dollars. Second-quarter results showed revenue of 307.9 million dollars and an operating loss of 175.5 million dollars. The company attributed the loss largely to a one-time restructuring charge, according to its results statement filed with the Securities and Exchange Commission.
Revenue sources diverged in the second quarter: streaming revenue was 221.3 million dollars, compared with 221.1 million dollars in the same period a year earlier. By contrast, linear and other revenue fell to 86.6 million dollars from 98.6 million dollars. The figures show different trajectories for the two businesses during the period: streaming revenue rose year over year, while linear and other revenue declined. Chief Executive Jeffrey Hirsch said second-quarter performance reflected the company’s momentum and the strength of its content portfolio. He added that the successful premiere of “Fightland” affirmed the company’s strategy of owning content.
Starz shares closed at 22.5 dollars on October 28, after closing at 21.57 dollars in the previous session, according to EL7 data. The move came ahead of the third-quarter results call scheduled for the following day, while available price data did not explain the move. The company’s raised cash-flow forecast from August remains in the upper half of its previous range, or between 80 and 120 million dollars for 2026. Management is scheduled to provide more details during the call on October 29 at 5:00 p.m. U.S. Eastern Time. The investor relations page had listed the third-quarter statement among its quarterly results for 2026.