Cineverse Q1 EPS $(0.21) Misses $(0.15) Estimate, Sales $11.119M Beat $10.941M Estimate

Cineverse (NASDAQ: CNVS) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.15) by 40 percent. This is a 5 percent decrease over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $11.119 million which beat the analyst consensus estimate of $10.941 million by 1.63 percent. This is a 21.83 percent increase over sales of $9.127 million the same period last year.