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CuriosityStream Inc. (CURI) Misses Q2 EPS by 1c

August 10, 2021 4:24 PM

CuriosityStream Inc. (NASDAQ: CURI) reported Q2 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $15.3 million versus the consensus estimate of $14.95 million.

“CuriosityStream delivered very strong results this quarter. We continue to be solidly on track with our plans for 2021,” said Clint Stinchcomb, President & CEO. “During the quarter, we grew direct subscribers 56% year-over-year while retaining a higher percentage of users who signed up in Q2 2020 than any other streaming service, based on data from ANTENNA. We continue to deliver unprecedented value to our subscribers and partners in the factual category, having recently announced a landmark partnership with SPIEGEL TV, the leading producer and distributor of high-quality factual content for German-speaking audiences. This partnership bolsters our global reach by adding millions of subscribers in Europe, accelerates our growth through the addition of hundreds of hours of German-dubbed programming to our SVOD service, and extends our brand through the introduction of the Curiosity Channel in German-speaking Europe.”

For earnings history and earnings-related data on CuriosityStream Inc. (CURI) click here.

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