Cineverse — Q2 FY 2027 Earnings Summary

Cineverse reported second-quarter fiscal 2027 revenue of $26.0 million, representing a 110% increase from the prior year quarter, driven primarily by technology and media services streams which now account for 55% of total revenue. The company achieved a net income of $3.2 million, or $0.11 per diluted share, marking a significant turnaround from a $5.7 million net loss in the same period last year, while Adjusted EBITDA rose to $1.7 million for the third consecutive positive quarter. Operational progress included the full integration of Giant Worldwide and IndiCue, resulting in a consolidated product portfolio on the Matchpoint platform and a 300 basis point sequential improvement in direct operating margin. Cineverse reaffirmed its full-year fiscal 2027 guidance of $115 to $120 million in revenue and $10 to $20 million in Adjusted EBITDA, citing strong momentum in advertising technology and content distribution.