Cinedigm Digital Cinema Corp (Nasdaq:CIDM) reported strong financial results for the first quarter ended June 30, 2011. Total revenues in the first quarter were $23.5 million, representing a 21.4% increase from the prior year's first quarter. The increased revenues are a result of continued growth in Phase 2 deployments, and significantly higher revenues from the Company's Software and Services businesses. The Company reported Adjusted EBITDA of $13.2 million, an increase of 24.9% from the $10.5 million reported in the prior year's first quarter.



Cinedigm Digital Cinema Corp. provides technology solutions, financial services and advice, software services, electronic delivery, and content distribution services to owners and distributors of digital content to movie theatres and other venues.

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