NASDAQ$CNVS

Cinedigm Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Cinedigm had strong financial results with record streaming revenues.

Cinedigm reported a strong fiscal quarter with a 42% increase in consolidated revenues and a 104% increase in streaming revenues. The company's net income was $4.3 million year-to-date, or $0.03 per share. Cinedigm has zero debt and is profitable year-to-date.

  • Consolidated revenues increased by 42% compared to the prior year.
  • Streaming revenues increased by 104% compared to the prior year.
  • Ad-supported streaming revenues increased by 100% compared to the prior year.
  • Subscription streaming revenues increased by 109% compared to the prior year.

Headline financials

Total Revenue

$14.1M

Previous: $9.95M+41.5%
EPS (adj)

$0.00

Previous: -$0.07+100.0%
Capital Expenditures

-$292K

Previous: -$339K+13.9%
Free Cash Flow

$4.45M

Previous: -$17.1M+126.0%
Net Income

$4.6M

Previous: -$9.64M+147.6%
Operating Income

-$764K

Previous: -$1.28M+40.4%
Gross Profit

$7.63M

Previous: $5.57M+36.9%
Cash & Equivalents

$20.2M

Previous: $26.2M-22.9%
Total Assets

$99.6M

Previous: $91.7M+8.6%

Revenue & EPS history

Cinedigm · Revenue · Quarterly

$14.1M

Q3 2022+41.5%vs Q3 2021
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

Cinedigm is set to continue leading in media business innovation.

Tailwinds

  • Augmented reality (AR) announcement with Nreal
  • State-of-the-art proprietary Matchpoint® streaming technology
  • Ramp up of our engineering team at Cinedigm India
  • Expanded networks
  • Deal pipeline and streaming acquisition roll-up activity

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 2022

Historical avgQ3 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

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