CuriosityStream: Financial Performance and Outlook
Q1 2024 Earnings Highlights
CuriosityStream recently released its Q1 2024 earnings results, showcasing strong financial performance.
Key Metrics
- Achieved highest ever quarterly adjusted free cash flow of $25 million, a $7 million year-over-year increase.
- Adjusted free cash flow remained positive at $12 million, marking the sixth consecutive quarter of positive cash flow.
- Cash burn reduced to $3 million, representing a fourth straight quarter of improvement.
Positive Outlook
With a strong cash position and no debt, CuriosityStream is well-positioned to navigate the uncertain timing of content licensing.
Q2 2024 Earnings Recap
CuriosityStream reported positive Q2 2024 earnings results on August 13, 2024.
Adjusted Free Cash Flow
Adjusted free cash flow exceeded $1 million, contributing to the company's positive financial performance.
Upcoming Conference Call
CuriosityStream will host a conference call today to discuss its third quarter 2023 results.
Conclusion
CuriosityStream's strong financial performance and positive outlook position the company for continued success in the streaming industry.
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