secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001013762-23-005151
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne preliminary Q2 FY2024 record revenue $28M+ and $2.5M adjusted EBITDA
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- Q2 FY2024 (Sep 30, 2023) preliminary record revenue over $28M and adjusted EBITDA of $2.5M.
- Six-month revenue $55M with adjusted EBITDA $4.7M.
- Audio division (incl. PodcastOne) Q2 revenue $26M+, adjusted EBITDA $5M+.
- Additional $2M in cost cuts, totaling over $32M in reductions.
- Share buyback program has $5M remaining authority.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000101376223005151/0001013762-23-005151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000101376223005151/ea187004-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-005151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer