Cinedigm (CIDM) Misses Q1 EPS by 6c
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Cinedigm Announces First Quarter Fiscal 2016 Financial Results
August 12, 2015 4:05 PM EDTContent and Entertainment revenues up 27% vs. prior year quarter
LOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced financial results for the first quarter of fiscal 2016, which ended June 30, 2015.
Financial Summary
Consolidated revenues were $22.8 million, flat from the prior year quarter Non-deployment (Entertainment and Services) revenues were $11.8 million, an increase of 16% from the prior year quarter Content and Entertainment revenues increased 27% vs. prior year quarter Consolidated adjusted EBITDA was $7.8 million, an increase of 7% from the prior year... More