Cinedigm Corp reports results for the quarter ended in March - Earnings Summary

Cineverse

30/07/2021 17:10

* Cinedigm Corp  CIDM.OQ  reported a quarterly adjusted loss
of 4 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 5
cents per share.
* Revenue rose 6.9% to $8.27 million from a year ago;  analysts
expected $7.71 million. 
* Cinedigm Corp's reported EPS for the quarter was a loss of 4
cents​.
* The mean earnings estimate of analysts had risen by
about 26.7% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Cinedigm Corp shares had risen by 21.7% this quarter and
gained 143.5% so far this year.
* The company reported a quarterly loss of $6.87 million.
* Wall Street's median 12-month price target for Cinedigm Corp
is $3.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 30 at 04:10 p.m.  ​All
figures in US dollars unless otherwise stated