CuriosityStream Third Quarter 2024 Earnings: Misses Expectations

CuriosityStream (NASDAQ:CURI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$12.6m (down 19% from 3Q 2023).
• Net loss: US$3.06m (loss narrowed by 89% from 3Q 2023).
• US$0.056 loss per share (improved from US$0.50 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CuriosityStream Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates.

Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are down 35% from a week ago.

Risk Analysis

You still need to take note of risks, for example - CuriosityStream has 6 warning signs (and 2 which are potentially serious) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.