Cineverse Q1 FY27 revenue $30.6M, up 175% YoY; reaffirms FY27 guidance

Cineverse Corp.

Revenue $30.6M vs $11.1M prior year (+175%); AdTech $15.9M, Media Services $3.5M in first full quarter.
Adjusted EBITDA $0.5M, up $2.6M YoY; net loss $(5.8)M or $(0.28)/share vs $(3.6)M or $(0.21)/share.
Streaming records: 4.5B minutes streamed (+33%), 122.8M viewers (+12%), 1.52M SVOD subs (+12%).
Reaffirms FY27 guidance: revenue $115-120M, adjusted EBITDA $10-20M; cost savings program expanded to $13M annualized.
Appointed Sean McCabe as CFO; completed RIF with $1.8M annualized savings; launched VAUDIO ad-tech offering.

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