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

Cineverse

16/11/2021 10:30

* Cinedigm Corp  CIDM.OQ  reported quarterly breakeven results​​
per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
* Revenue rose 40.7% to $10.10 million from a year ago; 
analysts expected $10.92 million. 
* Cinedigm Corp's reported EPS for the quarter was breakeven
results​.
* The mean earnings estimate of analysts had risen by
about 44.4% 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 11.2% this quarter and
gained 245.8% so far this year.
* The company reported a quarterly loss of $273 thousand.
* 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 November 16 at 10:30 a.m.
 ​All figures in US dollars unless otherwise stated