---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-072472"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:06:25.719410+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cinedigm Q2 revenue up 39% to $14M; streaming revenue up 78%; net loss widens to $5.8M

## Summary
- Total streaming revenue $8.0M (+78% YoY); ad-supported revenue up 102%, subscription revenue up 38%.
- Consolidated revenue $14.0M (+38.6% YoY); net loss $5.8M ($0.03 loss per share) vs $0.3M loss prior year.
- Adjusted EBITDA negative $1.3M vs positive $0.7M in prior year quarter due to legacy business decline and higher costs.
- Paid subscribers reached 1.06M (+48% YoY); total streaming minutes 2.17B (+78%).
- Company reiterates long-term targets: 50% annual streaming revenue growth, $150M revenue, 100M monthly viewers.

## SEC filing metadata
- accession: 0001213900-22-072472
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/0001213900-22-072472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/ea168552-8k_cinedigm.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-072472
- JSON: https://secwatch.observer/filing/0001213900-22-072472.json
- Plain text: https://secwatch.observer/filing/0001213900-22-072472.txt

## Key facts
- Earnings Releases
  Cineverse Corp. reported the three months ended September 30, 2022 results: revenue $14.0 million, net income Net loss of $5.8 million, EPS $(0.03) per share.
  - Period: the three months ended September 30, 2022
  - Revenue: $14.0 million
  - Net income: Net loss of $5.8 million
  - EPS: $(0.03) per share
  - Result: reported results
  source text: ● Consolidated revenue was $14.0 million, up 38.6% compared to $10.1 million in the prior year quarter. ● Adjusted EBITDA was negative $1.3 million in the current year quarter, compared to positive Adjusted EBITDA of $0.7 million in the prior year quarter, due to a decrease in legacy Digital Cinema system sales and eligible VPF systems as that business winds down, as well as higher direct and SG&A costs immediately following Q1 acquisition activity. ● Net loss of $5.8 million, or $(0.03) per share, compared to net loss of $0.3 million or $0.00 per share in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173204/000121390022072472/0001213900-22-072472-index.htm

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