NASDAQ$CNVS

Cinedigm Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Cinedigm reported first quarter fiscal year 2021 earnings with operating net income improving and core streaming and content business adjusted EBITDA increasing.

Cinedigm's core streaming and content distribution business generated positive Adjusted EBITDA, with a significant increase versus the prior year quarter. The company experienced growth in streaming business, particularly AVOD, and strong digital content sales. They also reduced total debt and strengthened the balance sheet through equity raises.

  • Core streaming and content distribution business generated positive Adjusted EBITDA, with a $2.3 million or 103% increase versus the prior year quarter.
  • AVOD revenues were up 48% versus the prior quarter.
  • Digital content sales experienced the highest revenue quarter in over five years.
  • Total debt was reduced by $13.1 million or 22% versus the prior year.

Headline financials

Total Revenue

$6.02M

Previous: $9.8M-38.6%
EPS (adj)

-$0.21

Previous: -$0.13-61.5%
Net Income

-$19.9M

Previous: -$5.03M-295.4%
Operating Income

-$4.1M

Previous: -$2.7M-52.0%
Gross Profit

$6.02M

Previous: $6.19M-2.8%
Cash & Equivalents

$16.3M

Previous: $16.1M+1.0%
Total Assets

$111M

Previous: $98.2M+13.1%
Stock-Based Comp

$177K

No prior period

Revenue & EPS history

Cinedigm · Revenue · Quarterly

$6.02M

Q1 2021-38.6%vs Q1 2020
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.8%

Avg return

Earnings day

-1.9%

Avg return

5 days after

-4.9%

Avg return

30 days after

60%

24 / 40 earnings

Positive

+51.6%

Q3 2024

Best reaction

-21.7%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+9.6%+14.8%-14.4%
Q2 2026+0.0%+1.7%-5.8%
Q1 2026-13.4%-18.0%-42.3%
Q4 2025+14.8%+36.4%+39.0%
Q3 2025-6.7%+2.9%-18.3%
Q2 2025-3.0%+43.3%+33.2%
Q1 2025+1.2%+5.0%+5.0%
Q4 2024+1.1%-5.6%-9.0%
Q3 2024+51.6%-0.6%-19.4%
Q2 2024+1.8%-1.8%+0.9%
Q1 2024+4.7%-1.6%-1.6%
Q4 2023+4.1%-15.8%-28.1%
Q3 2023-8.3%-23.3%-21.7%
Q2 2023-1.6%-24.6%-21.3%
Q1 2023-1.3%-23.4%-29.9%
Q4 2022+7.7%-21.5%-12.3%
Q3 2022-3.7%+3.7%-15.9%
Q2 2022+2.8%-24.0%-40.1%
Q1 2022+4.9%+6.4%+20.2%
Q4 2021+2.5%-4.5%+12.1%
Q3 2021-3.0%-28.9%-17.8%
Q2 2021+10.0%-1.7%+36.7%
Q1 2021-14.6%-30.5%-44.5%
Q4 2020-0.5%-6.2%-29.7%
Q3 2020-5.5%-1.8%-36.4%
Q2 2020+3.4%+4.6%-13.8%
Q1 2020+0.8%-2.4%-23.4%
Q4 2019-4.1%+0.8%+0.8%
Q3 2019+14.3%+17.1%+73.3%
Q2 2019+2.3%-12.6%-12.6%
Q1 2019+5.5%-4.1%-9.0%
Q4 2018+0.0%+2.0%-1.3%
Q3 2018+3.2%-0.8%+4.8%
Q2 2018+0.7%+7.3%+8.8%
Q1 2018+1.3%-3.3%-1.3%
Q4 2017-8.0%-22.6%-33.2%
Q3 2017+7.2%+28.0%+11.2%
Q2 2017+3.8%+8.9%-9.5%
Q1 2017+7.1%-10.3%-23.2%
Q4 2016-21.7%+30.4%+94.8%
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2013———
Q2 2014———
Q2 2013———
Q4 2013———
Q2 2012———
Q1 2012———
Q1 2013———
Q4 2012———
Q2 2011———
Q4 2011———
Q1 2011———

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