CuriosityStream (CURI) to Release Earnings on Wednesday

CuriosityStream (NASDAQ:CURI - Get Free Report) is set to issue its quarterly earnings data 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.Parties interested in listening to the company's conference call can do so using this link.

CuriosityStream (NASDAQ:CURI - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01. The business had revenue of $12.40 million during the quarter, compared to analyst estimates of $12.30 million. CuriosityStream had a negative return on equity of 27.47% and a negative net margin of 69.87%. During the same quarter in the previous year, the company 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 Price Performance

Shares of NASDAQ CURI traded up $0.02 during mid-day trading on Wednesday, reaching $2.43. The company's stock had a trading volume of 147,132 shares, compared to its average volume of 412,002. The firm has a market capitalization of $132.68 million, a PE ratio of -3.35 and a beta of 1.19. The stock has a fifty day moving average of $1.90 and a two-hundred day moving average of $1.39. CuriosityStream has a 52 week low of $0.45 and a 52 week high of $3.00.

CuriosityStream Announces Dividend

The firm also recently disclosed 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 4.12%. The ex-dividend date of this dividend is Friday, October 11th. CuriosityStream's dividend payout ratio (DPR) is -13.89%.

Insider Transactions at CuriosityStream

In related news, 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 transaction of $38,671.20. Following the completion of the transaction, the director now directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. In related news, 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 transaction of $38,671.20. Following the completion of the transaction, the director now directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan Huberman sold 120,861 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $1.47, for a total value of $177,665.67. Following the transaction, the director now directly owns 1,433,576 shares of the company's stock, valued at approximately $2,107,356.72. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 283,673 shares of company stock valued at $379,977 over the last 90 days. Company insiders own 49.60% of the company's stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a "buy" rating and issued a $1.35 price objective on shares of CuriosityStream in a research note on Wednesday, August 14th.

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.