Cineverse Reaffirms FY2027 Revenue Guidance Following Strong Q2 Results
Cineverse (CNVS) reported a significant operational surge in its second quarter of fiscal 2027, highlighted by a 110% year-over-year revenue increase. CEO Chris McGurk attributed this growth to strong financial and operational performance across the company's segments. Building on this momentum, management reaffirmed its full-year fiscal 2027 outlook, projecting revenues between $115 million and $120 million. Additionally, the company is targeting an adjusted EBITDA in the range of $10 million to $20 million for the fiscal year.
Tickers: $CNVS
Topics: earnings report financial results revenue growth
Read the full article at Seeking Alpha
Part of the story Aeries Technology Reaffirms FY2027 Revenue Guidance Amid Product Advancements (2 articles)