Cinedigm Corp. (NASDAQ:CIDM) Q2 2023 Earnings Call Transcript

We are still going to have some impact from Digital Cinema over the rest of this fiscal year. But I think in the next fiscal year, it’s going to be totally behind us and we won’t have to worry about that complication going forward. And I think your point on the cost savings is very well taken. We made some of those cuts this quarter. Our performance this quarter doesn’t fully reflect the cuts that we have already made in the operational streamlining, but you are going to see more and more of it impact our results starting next quarter. And I think, hopefully, people will be surprised and excited by how our financial performance is really coming together on both the top and the bottomline starting with next quarter. So thank you for those comments and questions, Terry.

Operator: Since there are no further questions, I would like to turn the conference back over to Chris McGurk for closing remarks.

Chris McGurk: Thank you, Operator. Again, thanks, everyone, for joining us today and for your continued interest in Cinedigm. Please follow up with Julie Milstead with any other questions you may have. You can reach her at investorrelations@cinedigm.com. We look forward to speaking with you again when we report our third quarter results for the fiscal year 2023 in February.

Operator: This concludes today’s call. Thank you very much for your attendance. You may now disconnect your lines.