Lionsgate Studio revenue fell for the three months ended in September, missing Wall Street forecasts on fewer films and the timing episodic TV deliveries.

Adjusted profit was a beat and EPS in line. CEO Jon Felthimer said the company has “readied a film slate primed to deliver strong growth over the next 18 months and refilled its television pipeline with key series renewals and breaking new shows.”

The Motion Picture segment of the standalone studio saw revenue of $276.4 million, down from $409 million, on two wide releases vs five last year. But the two were better received and profit jumped $30.5 million from $1.7.

Television Production revenue of $198.7 million was also down, reflecting the timing of episodic deliveries, some of which pushed into the second half of the fiscal year,

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