Cinedigm (CIDM) Tops Q2 EPS by 1c

Go back to Cinedigm (CIDM) Tops Q2 EPS by 1c

Cinedigm Reports First Quarter Fiscal Year 2023 Financial Results

August 15, 2022 5:03 PM EDT

-Consolidated First Quarter Revenue of $13.6 Million
-Total Streaming Revenue Up 98% Over Prior Year
-Ad-Supported Streaming Revenue Up 131% Over Prior Year
-Subscription Streaming Revenue up 43% And Subscribers Up 45% Over Prior Year
-Company Expects to Achieve Significant Total Revenue Growth, Sustainable Long-Term Profitability and Positive Cash Flow in Current Fiscal Year via New Business Initiatives and Significant Cost Savings

LOS ANGELES, CA / ACCESSWIRE / August 15, 2022 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ: CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today... More