Starz Entertainment reported Q1 2026 earnings, missing revenue forecasts significantly. Revenue came in at $306.9 million against an expected $1.26 billion, a 75.64% negative surprise. Earnings per share (EPS) stood at -$9.83.
Following the announcement, Starz stock dropped 1.79% in after-hours trading and fell another 3.49% in subsequent sessions, reflecting investor concern.
CEO Jeffrey Hirsch emphasized strategic shifts: "Our focus on content ownership is pivotal for long-term cost control and global monetization." CFO Scott Macdonald highlighted sequential adjusted OIBDA growth, providing confidence in achieving full-year targets.
