NASDAQ$CNVS

Cinedigm Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported a narrowed net loss and increased OTT/Streaming revenues.

Cinedigm reported a net loss of $2.3 million, narrowed by 33% year-over-year, with a 63% reduction excluding non-recurring charges. OTT/Streaming revenues increased by 95%, and monthly active ad-supported streaming viewers reached 5.6 million, up 24.4% this quarter.

  • Net loss narrowed by 63% excluding non-recurring charges.
  • OTT/streaming revenues increased 95%.
  • Monthly active ad-supported streaming viewers reached 5.6 million, up 24.4% this quarter.
  • Proposed investment in Starrise is a key step forward in plan to become the first fully integrated North America / China studio.

Headline financials

Total Revenue

$11.5M

Previous: $14.6M-21.4%
EPS (adj)

-$0.05

Previous: -$0.09+44.4%
Capital Expenditures

-$367K

Previous: -$1.07M+65.6%
Free Cash Flow

$4.95M

Previous: $5.27M-6.0%
Net Income

-$2.17M

Previous: -$3.26M+33.4%
Operating Income

$611K

Previous: -$612K+199.8%
Gross Profit

$5.79M

Previous: $9.4M-38.4%
Cash & Equivalents

$14.5M

Previous: $17.1M-15.6%
Total Assets

$95.7M

Previous: $106M-9.5%

Revenue & EPS history

Cinedigm · Revenue · Quarterly

$11.5M

Q3 2020-21.4%vs Q3 2019
Beat estimate in 2 of 7 quarters(29%)
ActualEstimate

Forward guidance

Cinedigm expects to fully close in the coming weeks, is a key step forward in our plan to become the first fully integrated North America / China studio

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 Q3 2020

Historical avgQ3 2020

+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