Chicken Soup for the Soul Entertainment Announces $6.6 Million in Revenue for the Third Quarter of 2018
Chicken Soup for the Soul Entertainment, Inc. - Class A (CSSE)
Last chicken soup for the soul entertainment, inc. - class a earnings: 3/30 04:05 pm
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ir.cssentertainment.com
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Source: GlobeNewswire
Reiterates Full-Year 2018 Expectations for $36 Million in Revenue and $18 Million in Adjusted EBITDA Closed Pivotshare and Truli.com Acquisitions COS COB, Conn., Nov. 14, 2018 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq: CSSE), a growing media company building online video-on-demand (“VOD”) networks that provides positive and entertaining video content for all screens, today announced its financial results for the three- and nine-month periods ended September 30, 2018. Third Quarter 2018 and Subsequent Business Highlights Total revenue of $6.6 millionNet income before taxes of $836,853Net income before preferred dividends of $324,853Net loss available to common stockholders of $97,926Adjusted EBITDA of $3.1 millionCompleted acquisition of Pivotshare, a global, subscription-based video-on-demand (SVOD) / over-the-top (OTT) platform, in a cash and equity transaction valued at $4.35 millionCompleted acquisition of Truli.com, a f
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