secwatch.observer — SEC 8-K summary
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Issuer:     Cineverse Corp. (CNVS)
CIK:        0001173204
Form:       8-K
Filed at:   2026-08-13T20:15:16+00:00
Accession:  0001193125-26-349221
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173204/000119312526349221/0001193125-26-349221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173204/000119312526349221/cnvs-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-349221

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