Cineverse FY27 Q1 adjusted EBITDA swings to USD 458,000 profit; revenue more than doubles to USD 30.6 million vs year-ago quarter
CNVS•Full-year outlook
The company reiterated full-year guidance for $115 million-$120 million in revenue, adjusted EBITDA (non-GAAP) of $10 million-$20 million, targeting $13 million annual cost reductions.
Streaming metrics
Streaming hit a record 4.5 billion minutes, up 33% year over year; viewers rose 12% to 123 million.
Business segment performance
Advertising Technology delivered $15.9 million of revenue; Media Services added $3.5 million as automation cut asset-delivery time about 40%.
Q1 revenue and profitability
Cineverse posted Q1 FY2027 revenue of $30.6 million, more than doubled from a year earlier, while net loss attributable to common stockholders widened to $5.8 million.
Adjusted EBITDA (non-GAAP) swung to a $0.5 million profit; direct operating margin fell to .
