CuriosityStream (CURI) Set to Announce Quarterly Earnings on Tuesday

CuriosityStream (NASDAQ:CURI) will post its quarterly earnings results 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.

CuriosityStream (NASDAQ:CURI) last posted its quarterly earnings data on Wednesday, March 20th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.08. CuriosityStream had a negative return on equity of 32.94% and a negative net margin of 85.95%. The firm had revenue of $14.78 million for the quarter, compared to analyst estimates of $16.20 million. On average, analysts expect CuriosityStream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CuriosityStream Price Performance

CuriosityStream stock traded up $0.03 during mid-day trading on Wednesday, reaching $1.09. 20,691 shares of the company were exchanged, compared to its average volume of 667,802. The company has a fifty day simple moving average of $0.84 and a 200-day simple moving average of $0.66. The firm has a market cap of $58.10 million, a PE ratio of -1.16 and a beta of 1.18. CuriosityStream has a 12 month low of $0.45 and a 12 month high of $1.55.

CuriosityStream Dividend Announcement

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

Analysts Set New Price Targets

Separately, Needham & Company LLC cut their target price on CuriosityStream from $1.50 to $1.25 and set a “buy” rating on the stock in a report on Thursday, March 21st.

Insiders Place Their Bets

In related news, major shareholder Hendricks Factual Media Llc sold 28,006 shares of CuriosityStream stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $1.00, for a total transaction of $28,006.00. Following the completion of the transaction, the insider now owns 21,169,423 shares of the company’s stock, valued at $21,169,423. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders have sold 363,614 shares of company stock valued at $371,230. 55.40% of the stock is currently owned by company insiders.

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.