CURI - Why CuriosityStream Shares Are Rocketing Premarket Thursday | Benzinga
CuriosityStream Inc. (NASDAQ:CURI) shares are rocketing premarket on Thursday after the company reported fourth-quarter FY23 results.
Revenue of $14.8 million missed the consensus of $15.8 million. Gross profit rose significantly to $6.7 million from $1.4 million a year ago.
Total advertising and marketing and general and administrative expenses fell 32% Y/Y to $11.4 million.
The company reported an adjusted EBITDA loss of $(3.4) million vs $(13.6) million in the prior year quarter. EPS loss of $(0.09) beat the consensus of $(0.15).
As of December 31, ...