Cinedigm (CIDM) Misses Q4 EPS by 7c, Announces $5M Buyback
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Cinedigm Announces Fourth Quarter and Full Year Fiscal 2015 Financial Results
June 29, 2015 4:05 PM EDTCompany has over 1 million app installations across all its OTT channels
LOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced financial results for the fourth quarter and full year fiscal 2015 which ended March 31, 2015.
Results Include:
Fourth Quarter Results:
Fourth quarter consolidated revenues were $27.6 million Fourth quarter non-deployment revenues (entertainment and services) were $15.7 million Fourth quarter consolidated adjusted EBITDA was $12.3 million Fourth quarter non-deployment adjusted EBITDA was $0.9 million... More
Cinedigm Announces $5 Million Share Repurchase Program
June 29, 2015 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced that its Board of Directors has approved a stock repurchase program authorizing the Company to repurchase up to an aggregate of $5 million of its outstanding Class A common stock.
The authorization of a stock repurchase program reflects the Board and management teams confidence in Cinedigms long-term strategy and growth prospects as well as a commitment to delivering increased value and returning capital to stockholders, said Cinedigm Chairman and CEO Chris McGurk.
Under the program authorized by its Board of Directors,... More
