Cineverse reports $26M revenue and $0.05 EPS for Q4, exceeding analyst expectations amid higher spending.
Cineverse posted Q4 GAAP earnings per share of $0.05, beating estimates by $0.17. Revenue surged 66.9% year-over-year to $26M, surpassing expectations by $2.89M.
The company’s adjusted EBITDA fell to $0.1 million from $4.0 million in the same period last year, driven by increased SG&A costs tied to mergers and acquisitions. Despite the decline, Cineverse reaffirmed its fiscal 2027 outlook.
Shares showed limited immediate reaction to the results, which reflect ongoing integration efforts and strategic investments.