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Cineverse Q4 Underwhelm Wall Street, But CEO Chris McGurk Touts October Wide Release Of ‘Terrifier 3': “We Know What We Have This Time” [Yahoo! Finance]
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attention to this fall's release of Terrifier 3 during an earnings call with analysts. In the period ended March 31, total revenue came in at $9.9 million compared with $12.5 million in the same period of the prior year. The company said the slide reflected a $1.3 million drop in the company's physical business, an $800,000 impact from digital cinema in the prior-year the Digital Cinema ($0.8 million) impact in the prior-year quarter, and the impact of our channel portfolio optimization efforts. More from Deadline Netflix Shines Light On 1994 As Great Year For Film; What Got Left On Cutting Room Floor Peter Bart: 'Beverly Hills Cop: Axel F' Will Be Netflix's Latest Triumph, And Contradiction Troubled Redbox Parent Chicken Soup For The Soul Entertainment Is Nearly A Week Late Paying Employees; Medical Benefits Also Cut Net losses per share widened to $1.10 from a loss of 35 cents in the year-ago period, while adjusted EBITDA increased by $2.4 million to $1.6 million. The
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