CuriosityStream Shares Gain on Higher Outlook After Income, Revenue Rise
Dow Jones2026/08/13 11:21By Connor Hart
Shares of CuriosityStream climbed after the company raised its outlook for the year, boosted by a sharp increase in net income and a jump in revenue during the second quarter.
The stock rose 33%, to $3.72, in premarket trading Thursday. Through Wednesday's close, shares had lost about a quarter of their value year to date.
The media company late Wednesday posted second-quarter net income of $8.88 million, up from $784,000 a year earlier. Quarterly earnings came in at 15 cents a share, topping analyst estimates for 4 cents a share, according to FactSet.
Total revenue jumped 22% to $23.2 million, ahead of Wall Street models for $21.3 million.
Licensing revenue was $14.1 million, which the company attributed to new partnerships across traditional media and artificial-intelligence training.
For the year, CuriosityStream now expects revenue in the range of $77 million to $82 million, compared with a previous forecast of $75 million to $80 million.
Adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization--is now projected to come in between $18 million and $22 million, up from a prior outlook of $16 million to $20 million.
Analysts are looking for adjusted Ebitda of $17.8 million on revenue of $78.5 million.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
August 13, 2026 07:21 ET (11:21 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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