Benzinga | Nov 16, 2020 04:17PM EST

Cinedigm Q2 EPS $(0.23) Misses $(0.06) Estimate, Sales $7.18M Beat $7.05M Estimate

Cinedigm (NASDAQ:CIDM) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.06) by 283.33 percent. This is a 187.5 percent decrease over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $7.18 million which beat the analyst consensus estimate of $7.05 million by 1.87 percent. This is a 29.87 percent decrease over sales of $10.24 million the same period last year.