Cineverse reports Q4 EPS 4c vs. ($1.10) last year

Reports Q4 revenue $15.58M vs. $9.86M last year. Chris McGurk, Cineverse (CNVS) Chairman and CEO, stated: “We had another extremely strong quarter: We posted significant gains in revenues, adjusted EBITDA and net income, all exceeding our analyst’s consensus guidance. This was driven by growth across all of our key lines of business and the continued strong contribution of Terrifier 3, the most successful unrated film release of all time, in the ancillary distribution markets. Our balance sheet remains very strong, with almost $14 million in cash on hand and zero draw on our line of credit with East West Bank. Following the unprecedented success of Terrifier 3, we have rapidly built a slate of wide release franchise film properties that should generate significant additional revenue growth and profits for the Company. The slate now includes The Toxic Avenger, set for release on August 29, 2025, Silent Night, Deadly Night, scheduled for December 12, 2025, Return to Silent Hill, scheduled for January 23, 2026, and Wolf Creek: Legacy scheduled for later in 2026. Expect more film release announcements soon as we acquire additional similar franchise properties that we believe have avid built-in fan bases that will enable us to successfully follow the Terrifier 3 release blueprint, with both strong upside potential and minimal financial risk to the Company.”