Key Details: Subscriber jump: The STARZ streaming service gained more than 500,000 customers in the quarter. Taking a haircut: The company also disclosed a restructuring charge of $177.4 million.

Starz reversed recent U.S. subscriber losses in its fiscal fourth quarter, but disclosed a restructuring charge of $177.4 million due to a “reassessment” of its content portfolio.

The Starz Networks unit, which includes operations in the U.S. and Canada, ended the quarter with 12.3 million streaming subscribers in the U.S., up 530,000 from the previous quarter.

Over-The-Top (OTT) subscribers, representing sequential growth of 530,000. Total U.S. subscribers reached 18.0 million, an increase of 320,000 from the prior quarter.

Starz's separation from Lionsgate faces challenges due to brand limitations and subscriber losses. Click here to read an analysis of STRZ stock now.