Cineverse Q1 2025 Adj EPS $(0.20) Misses $(0.13) Estimate, Sales $9.10M Miss $10.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cineverse (NASDAQ:CNVS) reported Q1 2025 adjusted EPS of $(0.20), missing the $(0.13) estimate by 53.85%. Sales were $9.10M, missing the $10.64M estimate by 14.51% and down 29.89% from $12.98M last year.
August 14, 2024 | 8:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cineverse (NASDAQ:CNVS) reported disappointing Q1 2025 results with EPS of $(0.20) missing estimates by 53.85% and sales of $9.10M missing estimates by 14.51%. Sales also decreased by 29.89% YoY.
The significant miss on both EPS and sales estimates, along with a substantial year-over-year decline in sales, is likely to negatively impact CNVS stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100