Cinedigm Corp (NASDAQ:CIDM) Set to Announce Earnings on Monday
Cinedigm Corp (NASDAQ:CIDM) is scheduled to release its earnings data after the market closes on Monday, August 14th.
Cinedigm Corp (NASDAQ:CIDM) last issued its earnings results on Thursday, June 29th. The business services provider reported ($1.15) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.03) by $0.12. The company had revenue of $19.59 million for the quarter. On average, analysts expect Cinedigm Corp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Cinedigm Corp (CIDM) remained flat at $1.49 during trading on Tuesday. The company had a trading volume of 5,399 shares. Cinedigm Corp has a 12 month low of $1.20 and a 12 month high of $3.00. The firm’s market cap is $18.46 million. The firm’s 50-day moving average is $1.73 and its 200-day moving average is $1.55.
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Separately, ValuEngine downgraded Cinedigm Corp from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 22nd.
Cinedigm Corp Company Profile
Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to thousands of titles and episodes released across digital, physical, and home and mobile entertainment platforms. The Company also provides digital cinema assets servicing on over 12,000 domestic and foreign movie screens.
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