CuriosityStream (CURI) Misses Q4 EPS by 16c, Revenue Misses, Offers Guidance
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CuriosityStream Announces Fourth Quarter and Full Year 2022 Financial Results
March 30, 2023 4:05 PM EDTSILVER SPRING, Md.--(BUSINESS WIRE)-- CuriosityStream Inc. (NASDAQ: CURI), a global factual entertainment company, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.
We made excellent progress in our march toward positive free cash flow during the quarter, improving our Adjusted Free Cash Flow by more than $22 million year over year. Prioritizing business sustainability and profitability, we made some strategic decisions in our content licensing line of business that sacrificed significant quarterly revenue performance, but that enhance our long-term strength and optionality, said Clint Stinchcomb,... More
