Cineverse (NASDAQ: CNVS) posts 175% Q1 revenue surge and reaffirms 2027 outlook
Cineverse Corp. (NASDAQ: CNVS) reported a 175% increase in Q1 FY 2027 revenue to $30.6 million, largely due to recent acquisitions in advertising technology and media services, and a positive Adjusted EBITDA of $0.5 million. Despite a widened net loss, the company reaffirmed its …