Cineverse Q3 EPS $0.34 Beats $0.30 Estimate, Sales $40.74M Beat $36.38M Estimate

Cineverse (NASDAQ:CNVS) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.30 by 13.33 percent. This is a 254.55 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $40.74 million which beat the analyst consensus estimate of $36.38 million by 11.99 percent. This is a 206.87 percent increase over sales of $13.28 million the same period last year.