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Cineverse Q2 revenue doubles to $26M with tech revenue over 50%, net income $3.2M, and strong cost savings.

Company Fundamentals
13 Nov 2026, 15:15 WIB
PRNewsWire
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Bullish
Cineverse Q2 revenue doubles to $26M with tech revenue over 50%, net income $3.2M, and strong cost savings.

Cineverse reported Q2 FY 2027 revenue of $26 million, a 110% increase from the prior year, driven by technology and media services now making up 55% of revenue. Net income rose to $3.2 million from a loss the previous year, supported by $1.7 million adjusted EBITDA and $9 million in annualized cost reductions. The company reaffirmed its FY 2027 guidance of $115-$120 million revenue and $10-$20 million adjusted EBITDA, highlighting ongoing integration benefits from recent acquisitions and growth in streaming and advertising technology. Cineverse also secured new content rights and expanded its platform capabilities, positioning for continued growth.

Cineverse's second quarter fiscal year 2027 results provide context for readers, with Pluang's snapshot of the Technology sector as of Nov 13, 2026 19:42 WIB showing 80 of 150 priced US stocks rose while 63 fell. Notable movers include CSCO at USD 98.18 with a 1-day change of -3.75% and Pluang order activity of 9% Sell / 91% Buy, GPRO at USD 0.69 up 3.19% with 36% Sell / 64% Buy, and CORZ at USD 13.99 down 2.71% with 91% Sell / 9% Buy. The typical hold time on Pluang ranges from 24 to 87 days among these stocks.

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