Quarterly ResultAug 13, 2026, 04:23 PM
Cineverse Q1 Revenue Up 175% to $30.6M; Adj. EBITDA $0.5M
AI Summary
Cineverse Corp. announced its Q1 FY227 financial results, reporting a significant 175% increase in revenue to $30.6 million, primarily driven by recent technology acquisitions. The company achieved positive Adjusted EBITDA of $0.5 million, a $2.6 million improvement year-over-year, and saw a $13 million increase in cash flow from operations. Despite a net loss of $(5.8) million, Cineverse reaffirmed its full-year fiscal 2027 guidance for revenues between $115 million and $120 million and Adjusted EBITDA between $10 million and $20 million, highlighting strong streaming growth and ongoing cost reduction efforts.
Key Highlights
- Q1 FY2027 Revenue increased 175% to $30.6 million.
- Adjusted EBITDA was $0.5 million, a $2.6 million increase YoY.
- Cash flow from operations increased $13 million over prior year.
- Over 60% of total revenues were technology related.
- Achieved 4.5 billion minutes streamed, up 33% year-over-year.
- Reaffirmed FY2027 revenue guidance of $115-$120 million.
- Reaffirmed FY2027 Adjusted EBITDA guidance of $10-$20 million.
- Net loss attributable to common stockholders was $(5.8) million.
Price Impact
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