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

Cineverse

15/11/2022 24:24

* Cinedigm Corp  CIDM.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in September. The mean
expectation of two analysts for the quarter was for a loss of 3
cents per share.
    * Revenue rose 38.6% to $14.01 million from a year ago;
analysts
expected $12.75 million. 
    * Cinedigm Corp's reported EPS for the quarter was a loss
of 3
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 risen by 53.7% this quarter and
lost 47.7% so far this year.
    * The company reported a quarterly loss of $5.75 million.
    * Wall Street's median 12-month price target for Cinedigm
Corp is
$4.00 
    * 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 from Refinitiv data November
15 at 12:24 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.03          -0.03          Met
 Jun. 30 2022      -0.03          -0.03          Met
 Mar. 31 2022      -0.02          -0.02          Met
 Dec. 31 2021      -0.01          0.00           Beat