CuriosityStream Q3 revenue $23.6M (+26% YoY); EBITDA loss $4.2M beat guidance

CuriosityStream Inc.

2022-Q3 EPS reported -$0.69 revenue$63,544,000

Revenue of $23.6M, up 26% YoY and above high end of guidance; gross profit $10.0M.
Operating loss narrowed to $4.4M from $8.2M YoY; net loss $4.5M vs net income $0.8M in Q3 2021.
Advertising, marketing & G&A expenses cut $7.4M sequentially to $14.4M.
EBITDA loss of $4.2M, beating high-end guidance by nearly $5M.
Cash, restricted cash & investments of $64.3M with zero debt as of Sept 30, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CuriosityStream Inc. reported the third quarter ended September 30, 2022 results: revenue $23.6 million, net income $(4.5) million.

Period: the third quarter ended September 30, 2022
Revenue: $23.6 million
Net income: $(4.5) million
Result: reported results

Exact text from the filing

reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 CURIOSITYSTREAM ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS • Third quarter 2022 revenue of $23.6 million, up 26% year over year and above the high end of our guidance range • Reduced combined advertising, marketing and G&A expenses by 34%, or $7.4 million, compared to the second

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Source: SEC EDGAR

accession 0001193125-22-281258

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