Do Hedge Funds Love Herc Holdings Inc. (HRI)?
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the fourth quarter of 2019. A significant number of hedge funds continued their strong performance in 2020 and 2021 as well. We get to see hedge funds’ thoughts towards the market and individual stocks by aggregating their quarterly portfolio movements and reading their investor letters. In this article, we will particularly take a look at what hedge funds think about Herc Holdings Inc. (NYSE:HRI).
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Cinedigm Reports Preliminary Fourth Quarter Fiscal 2021 Results
ACCESSWIRE
Streaming Channel Revenues Up 197% Year-Over-Year
Ad-Supported Streaming Channel Revenues Up 331% Year-Over-Year
Subscription Streaming Channel Revenues Up 117% Year-Over-Year
LOS ANGELES, CA / ACCESSWIRE / July 14, 2021 / Cinedigm Corp. ( Cinedigm or the Company ) (NASDAQ:CIDM), a leading independent streaming entertainment company super-serving enthusiast fan bases, today announced its preliminary, unaudited, results for the period ended March 31, 2021.
Key Fourth Quarter Financial Results (Quarter Ended March 31, 2021):
Consolidated revenues were $8.3 million, with streaming channel revenues up 197% versus the prior year quarter and 39% sequentially over last quarter;
Streaming/Digital revenues grew to 75% of the Company s total revenues in the quarter versus 48% in the prior year quarter;
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