Cineverse reported fourth quarter fiscal 2026 revenue of $26 million, a 67% increase over the prior year period, driven by $11.6 million in partial-quarter contributions from its acquisitions of Giant Worldwide and IndiCue. Net income attributable to stockholders was $1.1 million, up 51%, aided by a $4.3 million bargain purchase gain on the Giant acquisition and a $2.9 million income tax benefit from the IndiCue deal. The company reaffirmed its fiscal 2027 guidance of $115 million to $120 million in revenue and $10 million to $20 million in adjusted EBITDA, with over 50% of revenue expected to come from technology platforms. Streaming viewers grew 66% to 129.6 million and minutes streamed rose 58% to 4.4 billion, while SVOD subscribers increased 13% to 1.52 million. Management highlighted a $10 million annualized cost reduction program and the integration of Matchpoint, Giant, and IndiCue into a unified AI-driven content supply chain and monetization engine.
Cineverse Corp.Revenue up 67%, net income up 51%, and reaffirmed fiscal 2027 guidance.
Acquisition contributed $11.6M revenue and $4.3M bargain purchase gain.
Acquisition contributed to revenue and provided $2.9M income tax benefit.