Cineverse Second-Quarter Revenue of 26.0 Million Dollars Rose 110 Percent: Net Income of 3.2 Million Dollars and Full-Year Revenue Guidance of 115 to 120 Million Dollars Reaffirmed, Released November 13
Streaming technology and entertainment company Cineverse announced financial results for its second quarter ended September 30, 2026 on November 13, 2026. All figures below are from the body of the company's results release, and this report offers no investment advice.
Total quarterly revenue was 26.0 million dollars versus 12.4 million dollars in the prior-year quarter, a 13.6 million dollar or 110 percent increase, driven in large part by the company's technology and media services revenue streams, which now account for 55 percent of revenue, compared to less than 5 percent in the prior-year quarter.
Net income was 3.2 million dollars, or 0.11 dollars per diluted share, an 8.8 million dollar, or 0.42 dollars per diluted share, increase over the prior-year quarter. Year-to-date revenue was 56.6 million dollars versus 23.5 million dollars in the prior year, a 141 percent increase, with advertising technology and media services revenue totaling 33.7 million dollars, or 60 percent of the consolidated total.
The company reaffirmed fiscal 2027 guidance of 115 to 120 million dollars of revenue and 10 to 20 million dollars of adjusted EBITDA, with technology revenue expected to represent more than 50 percent of total revenue.
Source: Cineverse
Published by GSM · USA (original Chinese edition)
Photo: 图：Cineverse相关图(资料图)。作者与授权：Jakob (TheLoyalOrder)，CC BY 4.0，维基共享资源。 / Photo: Image related to Cineverse (file photo). Credit: Jakob (TheLoyalOrder), CC BY 4.0, Wikimedia Commons.
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