Cineverse reports first quarter fiscal year 2026 results

Total revenue of $11.1 million, a $2.0 million or 22% increase over prior year quarter direct operating margin of 57%, a 6% improvement over prior year quarter los angeles , aug. 14, 2025 /prnewswire/ -- cineverse corp. ("cineverse" or the "company") (nasdaq: cnvs), a global streaming technology and entertainment company, today announced its financial results for its first quarter ended june 30, 2025 ("q1 fy 2026"): the company's total revenue and direct operating margin improved significantly over the prior year quarter while net loss and adjusted ebitda decreased slightly due to increased sg&a costs directly attributable to the investments required to support our increased theatrical slate and build out of an enhanced business development, product and sales team for our technology group. following the unprecedented success of terrifier 3, the most successful unrated film release of all time, we continue to build a slate of additional wide release films that we believe can provide a strong and ongoing source of profits for the company.
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