CuriosityStream (CURI) to Release Quarterly Earnings on Tuesday

CuriosityStream (NASDAQ:CURI - Get Free Report) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect CuriosityStream to post earnings of ($0.05) per share for the quarter. CuriosityStream has set its Q1 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

CuriosityStream (NASDAQ:CURI - Get Free Report) last announced its quarterly earnings results on Wednesday, March 20th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.08. The firm had revenue of $14.78 million during the quarter, compared to the consensus estimate of $16.20 million. CuriosityStream had a negative return on equity of 32.94% and a negative net margin of 85.95%. On average, analysts expect CuriosityStream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CuriosityStream Stock Up 2.8 %

CURI traded up $0.03 on Wednesday, reaching $1.09. The company's stock had a trading volume of 96,361 shares, compared to its average volume of 668,840. The company has a market capitalization of $58.10 million, a price-to-earnings ratio of -1.17 and a beta of 1.18. CuriosityStream has a fifty-two week low of $0.45 and a fifty-two week high of $1.55. The stock has a 50 day moving average of $0.85 and a two-hundred day moving average of $0.67.

CuriosityStream Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 12th were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 9.17%. The ex-dividend date of this dividend was Thursday, April 11th. CuriosityStream's payout ratio is currently -10.75%.

Insider Activity

In other news, major shareholder Hendricks Factual Media Llc sold 99,400 shares of the firm's stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $1.01, for a total value of $100,394.00. Following the completion of the transaction, the insider now owns 21,256,788 shares in the company, valued at $21,469,355.88. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders sold a total of 363,614 shares of company stock worth $371,230 over the last 90 days. 55.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Needham & Company LLC cut their price target on CuriosityStream from $1.50 to $1.25 and set a "buy" rating for the company in a research note on Thursday, March 21st.

About CuriosityStream

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.