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CuriosityStream Q1 Loss Narrows, Reaffirms Guidance, Buys One Day University -- Stock Sheds 15% After-Hours

05/11/2021 13:13

05:07 PM EDT, 05/11/2021 (MT Newswires) -- CuriosityStream (CURI) on Tuesday narrowed its net loss to $0.39 per share in Q1 from $1.22 per share a year earlier, but still wider than analyst estimates of a $0.21 loss per share in a Capital IQ survey.

Revenue grew to $9.9 million from $7.5 million a year ago, also lagging behind the $10.60 million estimate.

For the full year 2021, it reaffirmed its revenue guidance of at least $71 million, against the Street estimate of $71.14 million.

Separately, the company said it has acquired One Day University for an undisclosed sum.

Price: 9.50, Change: -1.68, Percent Change: -15.03