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Cinedigm Digital Q4 Loss Widens

Cinedigm Digital Cinema Corp. (CIDM) Wednesday posted fourth-quarter net loss attributable to common stockholders of $16.6 million or $0.34 per share, wider than $5.9 million or $0.15 per share in the comparable quarter last year.

On average, 2 analysts polled by Thomson Reuters expected the company to report a loss of $0.11 per share in the quarter. Analysts' estimates typically exclude special items.

Revenues were $21.36 million, up 21% from $17.70 million last year, while 2 analysts expected revenues of $21.18 million for the quarter.

by RTTNews Staff Writer

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