---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-042413"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:13:13.420392+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cineverse Q1 FY2024 rev $13.0M, operating loss narrows 40.7% to $2.7M

## Summary
- Total revenues $13.0M vs $13.6M YoY; streaming/digital/podcast revenue record $10.5M (+5.8%).
- Paid subscription streaming revenue up 44.7% to $3.2M; subscribers 1.21M (+38%).
- Net loss improved to $(3.6)M ($(0.37)/share) from $(6.1)M ($(0.69)/share).
- No long-term debt; cash $12.1M; content library appraised $26-30M vs book $2.9M.
- Launched MatchpointAI platform; expanded partnerships; India offshoring unit expected to cut SG&A.

## SEC filing metadata
- accession: 0000950170-23-042413
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000095017023042413/0000950170-23-042413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000095017023042413/cnvs-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-042413
- JSON: https://secwatch.observer/filing/0000950170-23-042413.json
- Plain text: https://secwatch.observer/filing/0000950170-23-042413.txt

## Key facts
- Earnings Releases
  Cineverse Corp. reported the fiscal first quarter ended June 30, 2023 results: revenue $13.0 million, EPS $(0.37) per share. Guidance reaffirmed.
  - Period: the fiscal first quarter ended June 30, 2023
  - Revenue: $13.0 million
  - EPS: $(0.37) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenues were $13.0 million, compared to $13.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173204/000095017023042413/0000950170-23-042413-index.htm

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