Cineverse Corp. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 14, 2023 at 04:30 pm EST
Cineverse Corp. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 13.01 million compared to USD 14.01 million a year ago. Net loss was USD 0.357 million compared to USD 5.66 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.65 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.65 a year ago.
For the six months, sales was USD 25.99 million compared to USD 27.6 million a year ago. Net loss was USD 3.91 million compared to USD 11.67 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 1.34 a year ago. Diluted loss per share from continuing operations was USD 0.37 compared to USD 1.34 a year ago.