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Chris McGurk, Chairman and CEO of Cinedigm, said: "Our strong business momentum continues with total streaming revenue increasing 78% in our fiscal second quarter - generating another record revenue quarter for the Company

Cinedigm Reports Second Quarter Fiscal Year 2023 Financial Results

Cinedigm Corp. ("Cinedigm" or "the Company") (NASDAQ:CIDM), a premier streaming technology and entertainment company super-serving enthusiast fan bases, today announced its financial results for the second quarter of fiscal year 2023, which ended September 30, 2022, highlighting the Company's positive business results and momentum, growth trajectory, financial targets and plan for sustainable profitability and positive cash flow

By AP News
Published - Nov 14, 2022, 04:52 PM ET
Last Updated - Apr 25, 2024, 12:54 PM EDT

Consolidated Revenue of $14 Million, Up 39% Over Prior Year

Total Streaming Revenue Up 78% Over Prior Year

Record Ad-Supported Streaming Revenue Up 102% Over Prior Year

Paid Subscribers Increased to 1.06 million, Up 48% Over Prior Year

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