CuriosityStream announced its financial results for the first quarter ended March 31 and reported that the company’s board of directors declared a quarterly cash dividend of 25c per share, payable on July 31 to stockholders of record on July 12. Clint Stinchcomb, President and CEO, said “we believe we are now well positioned to generate increasing cash flow and sturdy, sustainable revenues that are increasingly predictable and reliable. Looking forward, in addition to guiding to greater positive cash flow in the second quarter, we believe our dividend program, which is being paid from surplus cash, underscores our positive trajectory for 2024 and beyond.”
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Read More on CURI:
- CuriosityStream CFO Transition and New Dividend Announcement
- Curiositystream Inc. at a Crossroads: Cost-Cutting Hurdles Threaten Financial Stability
- CuriosityStream sees Q1 revenue $11.5M-$12.5M, two estimates $15.8M
- CuriosityStream reports Q4 EPS (9c) vs. (28c) last year
- Curiositystream Inc (CURI) Q4 Earnings Cheat Sheet
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