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Crackle Parent Chicken Soup For The Soul Entertainment Misses Wall Street Q2 Estimates, But Revenue Spikes 64% On Ad, Licensing Gains

Crackle Parent Chicken Soup For The Soul Entertainment Misses Wall Street Q2 Estimates, But Revenue Spikes 64% On Ad, Licensing Gains

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Chicken Soup for the Soul Entertainment, parent of ad-supported streaming services like Crackle, reported disappointing second-quarter results but showed sharp gains in advertising and licensing revenue. Total revenue came in at $22.1 million, up 64% from $13.5 million in the year-ago quarter but down from $23.2 million in the prior quarter and short of analysts’…

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