Cinedigm (CIDM) Issues Letter to Shareholders, Outlines Continued Positive Business Momentum

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Chairman's Letter to Cinedigm Shareholders Outlines Continued Positive Business Momentum Following Strong Performance in the Prior Fiscal Year

July 12, 2022 9:17 AM EDT

Company Expects to Achieve Significant Topline Growth, Sustainable Long-Term Profitability and Positive Cash Flow in Current Fiscal Year Through New Business Initiatives and Significant Cost Savings

LOS ANGELES, CA / ACCESSWIRE / July 12, 2022 / Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ: CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today released comments by Chairman and CEO Chris McGurk highlighting the Company's positive business momentum, growth trajectory, financial targets and plan for sustainable profitability and positive cash flow by the fiscal fourth quarter, ending March 31, 2023. This follows the recent... More