earnings
confidence high
sentiment positive
materiality 0.75
Cineverse reports Q4 revenue $26.0M (+67% YoY), net income $1.1M; reaffirms FY2027 guidance of $115-120M revenue
Cineverse Corp.
- Q4 revenue $26.0M, up $10.4M or 67% YoY, driven by $11.6M from Giant and IndiCue acquisitions in first partial quarter.
- Q4 net income attributable to common stockholders $1.1M ($0.05/diluted share), up 51% YoY; adjusted EBITDA $0.1M vs $4.0M prior year.
- Full-year FY2026 revenue $65.7M, net loss $9.2M ($0.49/diluted share); adjusted EBITDA loss $3.4M vs income $13.9M in FY2025.
- Reaffirms FY2027 guidance: revenue $115-120M, adjusted EBITDA $10-20M; technology platforms expected to exceed 50% of revenue.
- Targeted annualized cost reductions and synergies increased to ~$10M; $2M completed by March 2026; remaining $5.5M expected by Q2 FY2027.