Cinedigm Corp (CIDM) Earns Media Impact Rating of 0.04
News stories about Cinedigm Corp (NASDAQ:CIDM) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cinedigm Corp earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 46.1539160803013 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Cinedigm’s Dove Channel Launches On Roku Devices In Canada (thestreet.com)
- Cinedigm’s Dove Channel Launches on Roku Devices in Canada (finance.yahoo.com)
- Dove Channel Expands To Google’s Android TV Platform (thestreet.com)
- Dove Channel Expands to Google’s Android TV Platform (finance.yahoo.com)
Separately, ValuEngine lowered shares of Cinedigm Corp from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 3rd.
Cinedigm Corp (NASDAQ:CIDM) last issued its earnings results on Monday, August 14th. The business services provider reported ($0.48) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.85) by $0.37. The business had revenue of $15.24 million for the quarter.
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Cinedigm Corp Company Profile
Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to thousands of titles and episodes released across digital, physical, and home and mobile entertainment platforms. The Company also provides digital cinema assets servicing on over 12,000 domestic and foreign movie screens.
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