Recap: CuriosityStream Q3 Earnings
Portfolio Pulse from Benzinga Insights
CuriosityStream (NASDAQ:CURI) reported Q3 earnings, beating estimated earnings by 6.67% with an EPS of $-0.14. However, revenue was down $7.94 million from the same period last year. Last quarter, the company missed on EPS by $0.03, which led to a 7.32% drop in the share price the next day.
November 09, 2023 | 9:55 pm
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CuriosityStream's Q3 earnings beat estimates but revenue was down from last year. Previous earnings miss led to a significant drop in share price.
While CuriosityStream beat earnings estimates, the drop in revenue could be a concern for investors. The impact of the previous earnings miss on the share price indicates that the company's financial performance is closely watched by the market. Therefore, the mixed Q3 results could lead to uncertainty in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100