CuriosityStream Q4 Net Loss Narrows, Revenue Falls; Q1 Outlook Set; Shares Gain After Hours

MT Newswires Live
03-12

CuriosityStream (CURI) reported a Q4 net loss late Tuesday of $2.81 million, narrowing from the loss of $4.66 million a year earlier.

Three analysts polled by FactSet expected a loss of $1.3 million.

Revenue in the three months ended Dec. 31 fell to $14.1 million from $14.8 million a year earlier.

Three analysts surveyed by FactSet expected $13.3 million.

The company expects Q1 revenue of $14.5 million to $15.5 million. Analysts project $13.3 million.

Shares of the company jumped 9.9% in recent after-hours trading.

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