Cineverse Q2 EPS $(0.31) Misses $(0.17) Estimate, Sales $12.357M Miss $12.662M Estimate

Cineverse (NASDAQ: CNVS) reported quarterly losses of $(0.31) per share which missed the analyst consensus estimate of $(0.17) by 82.35 percent. This is a 244.44 percent decrease over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $12.357 million which missed the analyst consensus estimate of $12.662 million by 2.40 percent. This is a 3.00 percent decrease over sales of $12.739 million the same period last year.