earnings
confidence high
sentiment negative
materiality 0.70
Cineverse Q1 revenue falls 30% YoY to $9.1M; net loss improves; library appraised at $39.8M
Cineverse Corp.
2025-Q1 EPS
reported -$0.20
vs consensus -$0.08
▼ miss
(-161.4%)
- Revenue $9.1M vs $13.0M YoY; digital distribution down $1.9M and legacy cinema $1.2M.
- Net loss $3.2M ($0.20/shr) vs $3.6M ($0.37/shr) YoY; Adj. EBITDA -$1.4M.
- Direct operating margin 51% (target 45-50%); SG&A down 17% ($1.3M savings).
- Digital content library appraised at $39.8M (book $2.6M); repurchased 184K shares.
- Post-quarter: first Matchpoint SaaS deals >$250K annual revenue; Terrifier 3 release Oct 11.