---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-003226"
form_type: "8-K/A"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:48:48.125987+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cinedigm Q3 FY2023 revenue $27.9M (+98% YoY); net income $4.9M vs loss last year

## Summary
- Revenue $27.9M, up 98% YoY; net income $4.9M ($0.03 EPS) vs net loss of $0.5M last year.
- Adjusted EBITDA $5.1M, up 279% YoY from $1.3M.
- Streaming revenue $8.9M (+63% YoY); ad-supported up 79%, subscriptions up 38%.
- Paid subscribers reached 1.22M (+28% YoY); streaming minutes 2.14B (+60% YoY).
- Company reiterates long-term targets: 50% streaming revenue growth, $150M annual revenue.

## SEC filing metadata
- accession: 0000950170-23-003226
- form_type: 8-K/A
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000095017023003226/0000950170-23-003226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000095017023003226/cidm-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-003226
- JSON: https://secwatch.observer/filing/0000950170-23-003226.json
- Plain text: https://secwatch.observer/filing/0000950170-23-003226.txt

## Key facts
- Earnings Releases
  Cineverse Corp. reported the three and nine months ended December 31, 2022 results: revenue $27.9 million, net income $4.9 million, EPS $0.03.
  - Period: the three and nine months ended December 31, 2022
  - Revenue: $27.9 million
  - Net income: $4.9 million
  - EPS: $0.03
  - Result: reported results
  source text: Cinedigm Reports Third Quarter Fiscal Year 2023 Financial Results Revenues of $27.9 Million, up $13.8 Million or 98% Over Prior Year Quarter Net Income of $4.9 Million, up $5.4 Million or 1,139% Over Prior Year Quarter Earnings per Share of $0.03, up $0.03 or 100% Over Prior Year Quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173204/000095017023003226/0000950170-23-003226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.