CuriosityStream reports Q3 EPS (6c), consensus (3c)

Reports Q3 revenue $12.6M, consensus $13.7M. “Curiosity delivered excellent results in Q3, our eighth consecutive quarter of increased adjusted free cash flow and our third consecutive positive quarter. We entered into new and additional U.S. and international distribution relationships with Amazon, Samsung, Vizio, Vodafone and several others,” said Clint Stinchcomb, President & CEO of CuriosityStream (CURI). “Continuing our commitment to return capital to shareholders, we repurchased 173 thousand shares as part of the share repurchase program we announced in Q2, and we issued a dividend of $0.025 per share. We continue to improve our operating efficiencies, as reflected in our expanded gross and adjusted EBITDA margins during the quarter. Looking forward, we anticipate continued sequential growth in overall top-line revenue driven by subscriptions, licensing and advertising with free cash flow consistent with our most recent quarters.”