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

Cineverse

28/06/2022 24:46

* Cinedigm Corp  CIDM.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 103.9% to $16.85 million from a year ago; 
analysts
expected $11.23 million. 
    * Cinedigm Corp's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 20.7% this quarter and
lost 44.4% so far this year.
    * The company reported a quarterly loss of $3.14 million.
    * Wall Street's median 12-month price target for Cinedigm
Corp is
$4.25 
    * 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 June 27 at 11:46 p.m.  ​All
figures in US dollars unless otherwise stated