Cineverse FY27 Q1 adjusted EBITDA swings to USD 458,000 profit; revenue more than doubles to USD 30.6 million vs year-ago quarter

Reuters2026/08/13 20:22

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Cineverse posted Q1 FY2027 revenue of $30.6 million, more than doubled from a year earlier, while net loss attributable to common stockholders widened to $5.8 million.
Adjusted EBITDA (non-GAAP) swung to a $0.5 million profit; direct operating margin fell 22 percentage points to 35%.
Advertising Technology delivered $15.9 million of revenue; Media Services added $3.5 million as automation cut asset-delivery time about 40%.
Streaming hit a record 4.5 billion minutes, up 33% year over year; viewers rose 12% to 123 million.
Full-year guidance reiterated for $115 million-$120 million in revenue, adjusted EBITDA (non-GAAP) of $10 million-$20 million, targeting $13 million annual cost reductions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cineverse Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA26094) on August 13, 2026, and is solely responsible for the information contained therein.

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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Cineverse FY27 Q1 adjusted EBITDA swings to USD 458,000 profit; revenue more than doubles to USD 30.6 million vs year-ago quarter

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