Cineverse Reports Third Quarter Fiscal Year 2025 Results
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Cineverse Corp. (NASDAQ: CNVS) reported a significant increase in its Q3 FY 2025 financial results, with total revenue rising by 207% to $40.7 million and net income increasing by $9.9 million to $7.2 million. The growth was driven by the success of 'Terrifier 3' and solid performance across all business lines.
February 13, 2025 | 9:15 pm
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Cineverse Corp. reported a 207% increase in revenue and a significant rise in net income for Q3 FY 2025, driven by the success of 'Terrifier 3' and growth across its business lines.
The substantial increase in revenue and net income, primarily driven by a successful film release and overall business growth, is likely to positively impact Cineverse's stock price in the short term.
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