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Cinedigm Corp (CIDM)

NASDAQ: CIDM · IEX Real-Time Price · USD
2.65
+0.02 (0.76%)
After-hours:Sep 24, 2021 7:59 PM EDT
2.63
0.12 (4.78%)
At close: Sep 24, 4:00 PM
Market Cap441.66M
Revenue (ttm)40.42M
Net Income (ttm)-38.13M
Shares Out167.93M
EPS (ttm)-0.26
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume11,283,715
Open2.50
Previous Close2.51
Day's Range2.42 - 2.65
52-Week Range0.45 - 2.65
Beta1.77
AnalystsStrong Buy
Price Target4.25 (+61.6%)
Est. Earnings DateNov 15, 2021

About CIDM

Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Media Content and Entertainment Business. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, and NHL, as well as international and domestic content creators, movie producers, television producers, and other short f...

IndustryEntertainment
IPO DateNov 10, 2003
Employees68
Stock ExchangeNASDAQ
Ticker SymbolCIDM
Full Company Profile

Financial Performance

In 2020, Cinedigm's revenue was $31.42 million, a decrease of -20.04% compared to the previous year's $39.29 million. Losses were -$62.82 million, 326.4% more than in 2019.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for Cinedigm stock is "Strong Buy." The 12-month stock price forecast is 4.25, which is an increase of 61.60% from the latest price.

Price Target
$4.25
(61.60% upside)
Analyst Consensus: Strong Buy

News

Cinedigm Cements Position In Horror Streaming With Second Acquisition Before Halloween

Cinedigm Corp (NASDAQ: CIDM) acquired the American horror genre website, 'Bloody Disgusting.' The financial terms of the transaction remain undisclosed.

5 days ago - Benzinga

Cinedigm Slashes Its Way to the Forefront of Horror Streaming With Latest Acquisition: Bloody Disgusting - The Leadin...

Cinedigm Creates the Ultimate Streaming Scarefest with SVOD, AVOD and FAST Offerings through Screambox & Bloody Disgusting TV LOS ANGELES, CA / ACCESSWIRE / September 21, 2021 / Cinedigm (NASDAQ:CIDM), ...

5 days ago - Accesswire

Hot Penny Stocks to Buy Right Now? 3 For Your Watchlist

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1 week ago - PennyStocks

Cinedigm Appoints John Canning As CFO

Cinedigm Corp (NASDAQ: CIDM) appointed John Canning as the CFO effective September 13. Canning spent two years as the CFO of Ad-Tech startup Firefly Systems Inc.

1 week ago - Benzinga

Cinedigm Names John Canning Chief Financial Officer

LOS ANGELES, CA / ACCESSWIRE / September 14, 2021 / Cinedigm Corp. (NASDAQ:CIDM) , the leading independent streaming company super-serving enthusiast fan bases, announced today that John Canning has joi...

1 week ago - Accesswire

Cinedigm Regains Compliance With Nasdaq

On September 10, the Nasdaq informed Cinedigm Corp's (NASDAQ: CIDM) compliance to the listing standards after filing the 10-Q for the quarter ended June 30. Nasdaq considered the matter to be closed.

1 week ago - Benzinga

Cinedigm Reports First Quarter Fiscal 2022 Results and Files Form 10-Q Reporting Net Income of $5.2 Million

Total Revenues of $15 Million up 149% Year-Over-Year Streaming Revenues up 181% Year-Over-Year Ad-Supported Streaming Channel Revenues Up 301% Year-Over-Year Subscription Streaming Channel Revenues Up 8...

2 weeks ago - Accesswire

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Cinedigm Appoints George De La Cruz Executive Vice President of Accounting

Appointment Comes as Cinedigm is Experiencing Exponential Growth Across Their Streaming Business LOS ANGELES, CA / ACCESSWIRE / September 8, 2021 / Cinedigm (NASDAQ:CIDM) , the leading independent strea...

2 weeks ago - Accesswire

The Film Detective Acquires Holland Releasing's Classic Film and Television Library

Cinedigm's classic film restoration and streaming channel company, The Film Detective, has acquired Holland Releasing's motion picture library of over 100 classic films and television episodes LOS ANGEL...

2 weeks ago - Accesswire

Penny Stock Investors Are Watching These Hot Industries in September

Looking for the best industries to find penny stocks in 2021? Check these 3 out The post Penny Stock Investors Are Watching These Hot Industries in September appeared first on Penny Stocks to Buy, Picks...

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2 weeks ago - PennyStocks

Cinedigm Reports Extensive Global Viewership of Fandor Selects(TM) Initial NFT Release

Cinedigm announces plans to expand volume of upcoming exclusive NFT releases in response to extensive interest and viewership of its debut Fandor Selects™ NFT LOS ANGELES, CA / ACCESSWIRE / September 3,...

3 weeks ago - Accesswire

Cinedigm Announces Participation at the H.C. Wainwright 23rd Annual Global Investment Conference September 13-15, 2021

LOS ANGELES, CA / ACCESSWIRE / September 3, 2021 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases,...

3 weeks ago - Accesswire

Cinedigm Receives Nasdaq Notice of Deficiency

LOS ANGELES, CA / ACCESSWIRE / September 2, 2021 / Cinedigm (NASDAQ:CIDM) announced today that on August 27, 2021, it received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicat...

3 weeks ago - Accesswire

Cinedigm Reports Preliminary First Quarter Fiscal 2022 Results with Net Income of $5.0 Million

Total Revenues of $15 Million Up 149% Year-Over-Year Streaming Revenues up 181% Year-Over-Year Ad-Supported Streaming Channel Revenues Up 301% Year-Over-Year Subscription Streaming Channel Revenues Up 8...

3 weeks ago - Accesswire

Why Cinedigm Shares Closed 10.6% Higher on Wednesday

Investors are getting excited about the media technology company's upcoming earnings report.

3 weeks ago - The Motley Fool

Cinedigm to Report Preliminary First Quarter Fiscal 2022 Financial Results on Thursday, September 2, 2021

LOS ANGELES, CA / ACCESSWIRE / August 31, 2021 / Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), the leading independent streaming entertainment company super-serving enthusiast fan bases, w...

3 weeks ago - Accesswire

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Cinedigm Launches Four of the Company's Most Popular Channels on The Roku Channel

Real Madrid TV, The Only Way Is Essex, So…Real and El Rey Network LOS ANGELES, CA / ACCESSWIRE / August 24, 2021 / Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusi...

1 month ago - Accesswire

Cinedigm Expands Partnership with All3Media International to Launch a New FAST Channel Devoted to the Popular Series ...

The Channel will Include 13 Seasons of the Famous British Reality Television Series Giving Fans Endless Hours of Content to Binge 24/7 LOS ANGELES, CA / ACCESSWIRE / August 23, 2021 / Cinedigm (NASDAQ:C...

1 month ago - Accesswire

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1 month ago - InvestorPlace

Cinedigm Chairman and CEO Chris McGurk Highlights Positive Business Results and Outlook in Advance of Annual Stockhol...

For the First Quarter of Fiscal 2022 Ended June 30, 2021, Company Expects Strong Streaming Revenue Increases Similar to the Prior Sequential Quarter and Positive Net Income LOS ANGELES, CA / ACCESSWIRE ...

1 month ago - Accesswire

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