Cineverse (CNVS)
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Why Is Cineverse (CNVS) Stock Down 32% Today?
InvestorPlace· 2024-02-15 13:34
Cineverse (NASDAQ:CNVS) stock is down on Thursday following the release of the streaming technology and entertainment company’s fiscal Q3 2024 earnings report.CNVS stock is down after the company revealed diluted earnings per share of -22 cents. That’s lower than the -16 cents per share that Wall Street was expecting for the period. It’s also a negative switch year-over-year from EPS of 55 cents.Also not helping matters is Cineverse’s revenue of $13.28 million. Yet again, this misses analysts’ estimates of ...
Cineverse (CNVS) - 2024 Q3 - Earnings Call Transcript
2024-02-15 00:48
Cineverse Corp. (NASDAQ:CNVS) Q3 2024 Earnings Conference Call February 14, 2024 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary and Senior Advisor Chris McGurk - Chairman and Chief Executive Officer Erick Opeka - President and Chief Strategy Officer Tony Huidor - Chief Operating Officer and Chief Technology Officer Mark Lindsey - Chief Financial Officer Yolanda Macias - Chief Content Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Dan Kurnos ...
Why Is Cineverse (CNVS) Stock Up 50% Today?
InvestorPlace· 2024-02-14 16:49
Cineverse (NASDAQ:CNVS) stock is rising higher on Thursday after the company announced a new partnership with Alphabet’s (NASDAQ:GOOGL, NASDAQ:GOOG) Google Cloud.Cineverse says that this has it using Google Cloud’s Vertex AI Search to develop its cineSearch technology. This is an artificial intelligence (AI) search bot that’s designed to help viewers figure out what they want to watch.Cineverse is planning to launch a beta for the cineSearch technology on its own platform starting in Spring 2024. The compan ...
Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content
Prnewswire· 2024-02-14 14:00
The cineSearch Service Enhances Content Discovery via an Extensive Catalog of Enriched Metadata to Power a Next-Generation Recommendation System with Unified Search Across All Streaming Platforms LOS ANGELES, Feb. 14, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company, announced today the forthcoming launch of cineSearch. An innovative AI-powered movie search platform, cineSearch's goal is to revolutionize the search and discovery (SAND) experience ...
Cineverse (CNVS) - 2024 Q3 - Quarterly Report
2024-02-13 16:00
| --- | --- | --- | --- | --- | |-------------------------------------------------------|-------|----------------------------------|--------|---------------------------| | Accounts payable | $ | As \nDecember 31, 2023 \n6,568 | of \n$ | March 31, 2023 \n15,042 | | Amounts due to producers | | 15,553 | | 13,114 | | Accrued compensation and benefits | | 1,209 | | 2,532 | | Accrued other expenses | | 3,657 | | 3,843 | | Total accounts payable and accrued expenses | $ | 26,987 | $ | 34,531 | Compared to March 3 ...
CINEVERSE EXPANDS EXISTING CREDIT LINE WITH EAST WEST BANK TO $7.5 MILLION
Prnewswire· 2024-02-12 14:00
Ensures the Streaming Tech and Entertainment Company Will Continue to Be Well-Positioned Financially LOS ANGELES, Feb. 12, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it has expanded its line of credit from East West Bank to $7.5 million. "We are pleased to have closed this expanded credit facility, further strengthening our balance she ...
Cineverse Debuts EntrepreneurTV FAST Channel
Prnewswire· 2024-02-08 17:00
New Linear Streaming Channel First Available with Sling Freestream LOS ANGELES, Feb. 8, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today unveiled a new, free ad-supported streaming television (FAST) channel, EntrepreneurTV. The live channel is initially available on Sling Freestream, with additional distribution coming soon. EntrepreneurTV is the first-ever FAST channel from Entrepreneur Media LLC, the publisher of Entrepreneur magazine ...
Cineverse Premieres Sid & Marty Krofft Channel
Prnewswire· 2024-02-05 17:00
50 Years of Iconic Shows Available as a VOD Offering on The Roku Channel, Cineverse, Dove Channel and Midnight Pulp LOS ANGELES, Feb. 5, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the debut of the Sid & Marty Krofft Channel. The Kroffts' iconic shows can now be found as branded video-on-demand (VOD) channels on select company-owned-and-operated streaming services, including Midnight Pulp (www.midnightpulp.com), Dove Chan ...
Cineverse (CNVS) - 2024 Q2 - Earnings Call Transcript
2023-11-17 23:45
Cineverse Corp. (NASDAQ:CNVS) Q2 2024 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary & Senior Advisor Chris McGurk - Chairman and Chief Executive Officer Mark Lindsey - Chief Financial Officer Erick Opeka - President and Chief Strategy Officer Tony Huidor - Chief Operating Officer and Chief Technology Officer Yolanda Macias - Chief Content Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Daniel Kurno ...
Cineverse (CNVS) - 2024 Q2 - Quarterly Report
2023-11-13 16:00
(Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | |---------------------------------| | Delaware | | (State or Other Jurisdiction of | | Incorporation or Organization) | ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Cineverse Corp. CONDENSED CONSOLIDAT ...