Welcome to our dedicated page for CuriosityStream news (Ticker: $CURI), a resource for investors and traders seeking the latest updates and insights on CuriosityStream stock.
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CuriosityStream Inc. (NASDAQ: CURI) reported positive financial results for Q1 2024, including a net cash from operating activities and adjusted free cash flow for the first time. The company declared a dividend of $0.025 per share, showcasing a strong position for 2024. Revenue slightly decreased but gross profit increased. The company achieved 100,000 paying subscribers for Curiosity University and launched Kidstream. Business highlights include new content licensing agreements, original series releases, and upcoming programming stunts. CFO transition announced with Peter Westley resigning and Brady Hayden appointed as CFO. Financial outlook for Q2 2024 is positive.
Curiosity Inc. and Estrella MediaCo are partnering to launch new Spanish-language FAST channels on Samsung TV Plus. The channels, including Curiosity Español, Curiosity Animales, and Curiosity Motores, will feature award-winning documentaries and factual programming. This strategic collaboration aims to provide high-quality content to a broader audience and offer advertisers precise audience targeting.
CuriosityStream, a leading global factual media company, will report its first-quarter 2024 financial results on May 7, 2024, after market close. The company will host a Q&A conference call the same day at 5:00 p.m. Eastern Time to discuss the results. The event will be webcast live on the CuriosityStream Investor Relations website.