Cinedigm (CIDM) Reports In-Line Q3 EPS

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Cinedigm Announces Third Quarter Fiscal 2016 Financial Results

February 9, 2016 4:05 PM EST

Total revenues increase 11% and Content & Entertainment revenues increase 23% from the previous quarter

LOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced financial results for the third quarter of fiscal 2016, which ended December 31, 2015.

Financial Summary

Consolidated revenues were $30.7 million, an increase of $3.0 million or 11% from the previous quarter Non-deployment (Entertainment and Services) revenues were $17.5 million, an increase of $2.7 million or 18% from the previous quarter Content and entertainment revenues were $14.4 million, an increase of $2.7 million or 23% from the previous quarter... More