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LOS ANGELES - Cineverse Corp (NASDAQ:CNVS), a technology company that has delivered an impressive 239% return over the past year according to InvestingPro data, unveiled Matchpoint 3.0 on Monday, the latest version of its media supply chain platform with expanded AI automation capabilities and a refreshed brand identity.
The updated platform introduces new features across its three core products: Dispatch, Blueprint, and Insights. Enhancements include support for broadcast exchange format (BXF) delivery to FAST playout platforms, AI-based quality control for 4K video, and conversational analytics for business intelligence. The company’s technology investments appear to be paying off, with revenue growing 77% year-over-year and maintaining healthy gross margins above 50%.
"We built Matchpoint to streamline the streaming supply chain, by reducing time to market and reducing costs," said Tony Huidor, Cineverse’s President of Technology & Chief Product Officer. "With a team of only 15, Matchpoint can deliver at an exponentially higher rate by leveraging AI and automation, supporting deliveries to more than 125 platforms."
The company reports that Matchpoint can process up to 15,000 movies in a month through its automated workflows, which handle content ingestion, validation, mastering, and packaging.
Additional features in the update include parent/child user profiles, native gamification, support for vertically formatted short-form video, and enhanced privacy compliance. The platform also introduces predictive analytics capabilities and proprietary algorithms to normalize title performance across different streaming models.
Michele Edelman, recently appointed EVP of Technology & General Manager of Matchpoint, stated that the platform helps content owners "save time, money, and resources with the media industry’s first fully automated supply chain."
The announcement follows several new customer acquisitions for the Matchpoint platform, according to the company’s press release statement. With a market capitalization of $65 million and currently trading below its Fair Value based on InvestingPro analysis, Cineverse shows potential for growth while maintaining a moderate debt level. Investors can access detailed financial analysis and 7 additional ProTips about CNVS through InvestingPro’s comprehensive research reports.
In other recent news, Cineverse Corp. reported a 22% year-over-year increase in revenue for the first quarter of fiscal year 2026, totaling $11.1 million. Despite the revenue growth, the company faced a net loss of $3.5 million and an adjusted EBITDA of -$2.1 million. Additionally, Cineverse announced the renewal of CFO Mark Lindsey’s contract, which will now extend through September 2027. In a move to enhance its technological capabilities, Cineverse plans to integrate Fabric Data’s Origin platform into its AI-powered search engine, cineSearch, expanding its reach to over 500 streaming services in English-speaking regions. Cineverse’s horror-comedy film "The Toxic Avenger Unrated" has also made a strong debut, grossing over $2 million domestically. The film, featuring notable actors such as Peter Dinklage and Kevin Bacon, has been well-received with an 84% score on Rotten Tomatoes. These developments reflect Cineverse’s ongoing efforts to grow its business and expand its market presence.
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