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Cinedigm Corp.  (CIDM)
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The company reported challenging business environment, all along the fiscal first quarter of 2022

Cinedigm Corp. reported first quarter of 2022 operating deficit of $-4.584 millions

Published 2022-08-18T01:45:22-04:00
Goran Soko / CSIMarket.com Contributer

The_U.S._Army_pdLower turnover led to vanishing revenues and larger deficit, in the first quarter of 2022 Cinedigm Corp. recorded a deficit pers stock at $-0.03 per share, while Revenue dropped by -9.491 % to $13.59 millions, year on year.

In the previous quarter Professional Services company realized Revenue of $16.85 millions and bottom line of $-0.01 per share.


For the first quarter of 2022 Cinedigm Corp. logged net deficit of $-5.987 million, instead of net income of $5.194 millions booked in the comparable quarter a year before.


Cinedigm Corp. is expected to report next financial results on November 14, 2022.


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Other CIDM's Earnings Reports

Cinedigm reported fourth quarter 2022 earnings

Cinedigm reported third quarter 2021 earnings

Cinedigm reported second quarter 2021 earnings

       
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