Cineverse Reports Second Quarter Fiscal Year 2026 Results - Cineverse (NASDAQ:CNVS)

Cineverse (Nasdaq: CNVS) launched VAUDIO™, an ad-tech offering that converts existing audio ads (podcast, radio, or streaming audio) into CTV visuals and deploys them across connected TV inventory without a traditional video shoot. The company expects VAUDIO™ to contribute up to $12 million in annual revenue at a 15% to 20% margin, targeting the run rate by fiscal year end. Launch partners include A24 and others.

Cineverse (CNVS) reported Q4 2026 revenue of $26.0 million (+67% y/y), driven by acquisitions including Giant Worldwide and IndiCue. Net income rose to $1.1 million (+51%). FY2026 revenue fell to $65.7 million (-16%) versus a prior-year comparison boosted by Terrifier 3. SVOD subscribers were 1.52 million (+13%). Management guided FY2027 revenue to $115–$120 million and adjusted EBITDA to $10–$20 million.

Cineverse Corp. (CNVS) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 cnvs-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Cineverse Reports Fourth Quarter and Fiscal Year 2026 Results • Transformative acquisitions of IndiCue and Giant Worldwide complete Cineverse’s evolution into an AI-driven, fully integrated entertainment technology company an

KBW maintained an Outperform rating on Riot Platforms (RIOT) and a $35 price target after Riot disclosed a non-binding letter of intent for a single tenant to lease all 756 MW of planned critical IT capacity at its Corsicana, Texas site. Riot said a full-site lease could generate over $1B annual rent, and it expects the LOI to be prioritized for 2026 execution.

Australia will provide A$2.5 billion ($1.76 billion) to support Rio Tinto’s Tomago aluminum smelter beyond 2028, funding 3 GW of new electricity generation. Tomago will invest at least A$1.1 billion, including A$100 million for decarbonisation. Rio said it will shift to renewable power by 2033. Rio holds 51.55%, with Gove Aluminum and Norsk Hydro also invested.

Rio Tinto said it welcomed an agreement between Tomago Aluminium, the Australian Government and NSW to secure long-term power and operations at the Tomago aluminium smelter to 2038. Tomago will sign a 10-year PPA starting after a Dec 2028 contract expiry, with 100% renewable power from 2033. It will invest A$1.1bn (real terms) including A$100m for decarbonisation, and cut Scope 1 and 2 emissions by 7.1m tonnes/year once fully renewable.