CuriosityStream (CURI) to Release Quarterly Earnings on Wednesday

CuriosityStream (NASDAQ:CURI) is set to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. CuriosityStream has set its Q3 2024 guidance at EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

CuriosityStream (NASDAQ:CURI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. CuriosityStream had a negative net margin of 69.87% and a negative return on equity of 27.47%. The business had revenue of $12.40 million during the quarter, compared to the consensus estimate of $12.30 million. During the same period in the previous year, the firm posted ($0.19) earnings per share. On average, analysts expect CuriosityStream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CuriosityStream Stock Performance

Shares of CURI stock opened at $2.41 on Wednesday. The firm’s 50 day moving average price is $1.90 and its two-hundred day moving average price is $1.39. CuriosityStream has a 52-week low of $0.45 and a 52-week high of $3.00. The stock has a market cap of $131.59 million, a PE ratio of -3.35 and a beta of 1.19.

CuriosityStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Saturday, October 12th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Friday, October 11th. CuriosityStream’s dividend payout ratio (DPR) is currently -13.89%.

Insider Buying and Selling

In other CuriosityStream news, Director Michael Nikzad sold 32,226 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $1.20, for a total value of $38,671.20. Following the completion of the sale, the director now owns 217,774 shares of the company’s stock, valued at approximately $261,328.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Jonathan Huberman sold 120,861 shares of CuriosityStream stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $1.47, for a total transaction of $177,665.67. Following the transaction, the director now owns 1,433,576 shares in the company, valued at $2,107,356.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Nikzad sold 32,226 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $1.20, for a total value of $38,671.20. Following the sale, the director now directly owns 217,774 shares of the company’s stock, valued at approximately $261,328.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 283,673 shares of company stock valued at $379,977 in the last 90 days. 49.60% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $1.35 price objective on shares of CuriosityStream in a report on Wednesday, August 14th.

CuriosityStream Company Profile

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.