NASDAQ$CNVS

Cinedigm Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported first quarter fiscal 2022 results with net income of $5.2 million and total revenues of $15 million.

Cinedigm reported record growth in the first quarter of fiscal year 2022, driven by a triple-digit increase in streaming revenue. The company solidified its position as a leading independent player in the streaming space.

  • Total revenues increased by 149% year-over-year.
  • Streaming revenues increased by 181% year-over-year.
  • Ad-supported streaming channel revenues increased by 301% year-over-year.
  • Subscription streaming channel revenues increased by 88% year-over-year.

Headline financials

Total Revenue

$15M

Previous: $6.02M+149.5%
EPS (adj)

$0.03

Previous: -$0.21+114.3%
Capital Expenditures

-$41K

No prior period
Free Cash Flow

$3.58M

No prior period
Net Income

$5.19M

Previous: -$19.9M+126.1%
Operating Income

$2.77M

Previous: -$4.1M+167.7%
Gross Profit

$10.4M

Previous: $6.02M+72.5%
Cash & Equivalents

$13.4M

Previous: $16.3M-18.1%
Total Assets

$80.6M

Previous: $111M-27.4%
Stock-Based Comp

$983K

Previous: $177K+455.4%

Revenue & EPS history

Cinedigm · Revenue · Quarterly

$15M

Q1 2022+149.5%vs Q1 2021
Beat estimate in 5 of 12 quarters(42%)
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 2022

Historical avgQ1 2022

+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———

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro