Earnings Release
EX-99.1 2 cnvs-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Cineverse Reports First Quarter Fiscal Year 2027 Results • First Quarter Revenue of $30.6 Million, a $19.5 Million or 175% Increase Over the Prior Year Quarter • More Than 60% of Total Revenues Were Technology Related • Adjusted EBITDA of $0.5 Million, a $2.6 Million Increase Over the Prior Year Quarter • Cash Flow From Operations Increased $13 Million Over the Prior Year Quarter • Building on $2.0 Million of Savings Achieved in Fiscal 2026, Company Reaffirms Its Fiscal 2027 Cost Savings Target of $8.0 Million, with More Than $3 Million Achieved to Date in Q2. • Including the Company’s Synergy Program, Annual Target Upside is $13 million in Cost Reductions and Synergies. • Most-Watched Streaming Quarter in Company History: 4.5 Billion Minutes Streamed, Up 33% Year-Over-Year. • Company Reaffirms Full Year Fiscal 2027 Guidance of $115...
Source
0001193125-26-349221
Filed August 13, 2026 at 8:15 PM UTC. The figures above are from the audited statements, not from this release.