Cineverse (CNVS) reported a fiscal Q1 net loss late Thursday of $0.28 per diluted share, widening from a loss of $0.21 a year earlier.

Two analysts polled by FactSet expected a loss of $0.19.

Revenue for the quarter ended June 30 was $30.6 million, up from $11.1 million a year earlier.

Two analysts expected $25.7 million.

The company reaffirmed its full-year fiscal 2027 revenue guidance of $115 million to $120 million. Two analysts expect $115.7 million.