CuriosityStream Earnings: What Investors Should Know
CuriosityStream (NASDAQ: CURI) reported fiscal fourth-quarter and full-year 2020 results after the market close on Tuesday.
Shares of the factual entertainment (documentary) subscription video-streaming service rose 1.7% in Tuesday's after-hours trading session. We can probably attribute the market's reaction largely to full-year 2021 revenue guidance coming in higher than Wall Street was expecting. That said, the company also turned in solid Q4 results, too.
CuriosityStream stock has gained 63% since it became publicly traded on Oct. 15, 2020, via the company's reverse merger with a special purpose acquisition company (SPAC). (This method is faster and less expensive than a traditional initial public offering.) The S&P 500 has returned about 13% over this period.
Source Fool.com
