Cinedigm (CIDM) Reports Q3 Loss of $0.07
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Cinedigm Announces Third Quarter Fiscal 2017 Financial Results
February 14, 2017 4:05 PM ESTYear-To-Date Consolidated Adjusted Non Deployment EBITDA increases over 300% and CEG/OTT Adjusted EBITDA increases 90% for the Quarter
LOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced financial results for the third quarter of Fiscal 2017, which ended December 31, 2016.
Financial Summary
Results for third quarter 2017:
Consolidated revenues were $24.4 million Content and Entertainment revenues were $11.6 million Consolidated adjusted EBITDA was $11.5 million Non-deployment adjusted EBITDA was $2.0 million, inclusive of our significant operating costs incurred in the ramp up of Over-The-Top (OTT)... More