Cineverse Corp. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was USD 9.86 million compared to USD 12.55 million a year ago. Net loss was USD 14.72 million compared to USD 3.08 million a year ago. Basic loss per share from continuing operations was USD 1.1 compared to USD 0.35 a year ago. Diluted loss per share from continuing operations was USD 1.1 compared to USD 0.35 a year ago.
For the full year, sales was USD 49.13 million compared to USD 68.03 million a year ago. Sales was USD 49.13 million compared to USD 68.03 million a year ago. Net loss was USD 21.41 million compared to USD 9.73 million a year ago. Net loss was USD 21.41 million compared to USD 9.73 million a year ago. Basic loss per share from continuing operations was USD 1.78 compared to USD 1.13 a year ago. Basic loss per share from continuing operations was USD 1.78 compared to USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 1.78 compared to USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 1.78 compared to USD 1.13 a year ago.