Cinedigm (CIDM) Misses Q2 EPS by 17c, Revenues Beat

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Cinedigm Reports Second Quarter Fiscal 2021 Earnings (Quarter Ending September 30, 2020)

November 16, 2020 4:05 PM EST

Total Quarterly Revenues of $7.2 million with OTT Channel Streaming Revenues Up 47% and Ad-Supported OTT Revenues Up 45% Versus Prior Year Quarter

Total Monthly Ad-Supported Viewers Now at 15.2 Million, Up 238% Versus Prior Year

LOS ANGELES--(BUSINESS WIRE)-- Cinedigm Corp. (NASDAQ: CIDM) today announced its financial results for the three month period ended September 30, 2020.

Key Financial Results:

Consolidated revenues were $7.2 million, with OTT Channel streaming up 47% versus prior year quarter Transactional Video-On-Demand (TVOD) and Ad-Based Video-On-Demand (AVOD) Digital Sales increased 27%... More