Overview
CuriosityStream Q2 rev rises 53% yr/yr, beating analyst expectations, per LSEG data
Record net income of $0.8 mln
Co declares dividend of $0.08 per share
Outlook
CuriosityStream expects Q3 revenue between $15 mln and $18 mln
Company projects full-year 2025 adjusted free cash flow of $11 mln to $13 mln
Result Drivers
AI PARTNERSHIPS - Licensing revenue of $9.3 mln driven by AI partnerships
DISTRIBUTION AGREEMENTS - New and expanded multiyear wholesale distribution agreements in Asia and Latin America
EUROPEAN LAUNCHES - New service launches across Europe, including Curiosity University's launch on Amazon Prime in the UK, Netherlands, Finland, and Sweden
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$19.01 mln
$16.40 mln (3 Analysts)
Q2 Net Income
$784,000
Q2 Gross Profit
$10.10 mln
Q2 Operating Income
$480,000
Q2 Pretax Profit
$669,000
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for CuriosityStream Inc is $6.00, about 17.8% above its August 4 closing price of $4.93
Press Release: ID:nBw1wFrM9a
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)