Cineverse (NASDAQ:CNVS) Issues Quarterly Earnings Results

Cineverse (NASDAQ:CNVS) issued its earnings results on Monday. The company reported ($0.06) EPS for the quarter, Zacks reports. Cineverse had a negative net margin of 18.84% and a negative return on equity of 24.65%. The business had revenue of $9.86 million for the quarter.

Cineverse Trading Up 1.1 %

NASDAQ:CNVS opened at $0.90 on Tuesday. The company has a 50 day simple moving average of $0.90 and a two-hundred day simple moving average of $1.21. The company has a market cap of $12.00 million, a PE ratio of -0.92 and a beta of 1.68. Cineverse has a 12 month low of $0.78 and a 12 month high of $3.93.

Cineverse Company Profile

Cineverse Corp. operates as a streaming technology and entertainment company. The company operates in two segments, Cinema Equipment, and Content and Entertainment. It owns and operates streaming channels, through its proprietary technology platform. The company also delivers curated content through subscription video on demand (SVOD), dedicated ad-supported (AVOD), and ad-supported streaming linear (FAST) channels, as well as social video streaming services and audio podcasts; operates OTT streaming entertainment channels; and offers monitoring, billing, collection, and verification services.