Cinedigm Corp (NASDAQ:CIDM) Stock Jumps 10% in a Week: More to Come?

September 7, 2021

Cinedigm Corp (NASDAQ:CIDM) jumped 10% last week after releasing its interim unaudited financial results for fiscal Q1 2022.Consolidated revenues were up 149% YoY to $15 million, driven by ongoing streaming growth, especially in the ad-supported streaming operations and sales from Digital Cinema equipment. The streaming channel generated 181% YoY, while ad-supported streaming revenues were up 301% YoY. Notably, subscription streaming channel revenues were up 88% YoY, with streaming digital content…

Read More >>

Cinedigm Corp (NASDAQ:CIDM) Stock Extends Rally: Jumps 10% in a Week

September 1, 2021

Cinedigm Corp (NASDAQ:CIDM) is up 10% in a week after the streaming firm announced the availability of four of its newest channels on The Roku Channel, which is the home for premium and free entertainment on Roku. The company’s launch includes reality powerhouses The Only Way Is Essex and So…Real, Robert Rodriguez’s El Rey Network, and sports-focused Real Madrid TV. It is vital to note that the streaming company’s wide…

Read More >>

Cinedigm Corp (NASDAQ:CIDM) stock Down Marginally After Earnings

July 30, 2021

In recent times there has been a lot focus on streaming entertainment companies but the Cinedigm Corp (NASDAQ:CIDM) stock has actually started off on the wrong foot today and gone down by 1%. The company, which now commands an enthusiastic fan base, announced its financial results for the fourth fiscal quarter and also for the full fiscal year that ended on March 31, 2021. In this regard, it should be…

Read More >>