Cineverse Q1 EPS $(0.28) Misses $(0.18) Estimate, Sales $30.595M Beat $25.673M Estimate
Cineverse (NASDAQ:CNVS) reported quarterly losses of $(0.28) per share which missed the analyst consensus estimate of $(0.18) by 55.56 percent. This is a 33.33 percent decrease over losses of $(0.21) per share from the
Cineverse made more movies and showed more sales, which is good. But the company lost more money than expected, which means it's spending a lot to grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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