Cineverse (CNVS) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Cineverse Reports First Quarter Fiscal Year 2025 Results Total Revenue of $9.1 Million Total Direct Operating Margin of 51% Selling, General, and Administrative Expenses decreased by $1.3 Million, or 17% LOS ANGELES, August 14, 2024 – Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal first quarter ended June 30, 2024 ("Q1 FY 2025"). Q1 FY 2025 Highlights (all comparisons ar ...