Cineverse Reports Fourth Quarter and Fiscal Year 2026 Results
PR Newswire
LOS ANGELES, June 26, 2026
Transformative acquisitions of IndiCue and Giant Worldwide complete Cineverse's evolution into an AI-driven, fully integrated entertainment technology company and studio, contributing $11.6 million of revenue in their first partial quarter and unlocking durable, recurring revenue streamsFourth Quarter Revenue of $26.0 Million, a $10.4 Million or 67% Increase Over the Prior Year QuarterFourth Quarter Net Income Attributable to Common Stockholders of $1.1 Million, a 51% Increase Over the Prior Year QuarterTargeted Annualized Cost Reductions and Synergies Increased to Approximately $10 Million; $2 Million Completed by March 2026.Cineverse Reaffirms Fiscal Year 2027 (Began on April 1, 2026) Guidance of $115 to $120 Million of Revenue — Approximately 75% to 83% Growth — and $10 to $20 Million of Adjusted EBITDA, with Technology Platforms Expected to Represent More Than 50% of Total RevenueLOS ANGELES, June 26, 2026 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal fourth quarter ("Q4 FY 2026") and full year ended March 31, 2026 ("FY 2026"):
