secwatch.observer — SEC 8-K summary
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Issuer:     LiveOne, Inc. (LVO)
CIK:        0001491419
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001213900-23-078491
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveOne raises FY2024 guidance: revenue $123-130M, adj. EBITDA $12-16M
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- Q1 FY2024 revenue $27.8M, adjusted EBITDA $2.2M; audio division revenue $25.7M, adjusted EBITDA $4.9M.
- Full FY2024 revenue guidance raised to $123-130M (from $99.6M in FY2023), adjusted EBITDA $12-16M.
- Audio division (Slacker, PodcastOne) guided to $95-105M revenue and $18-21M adjusted EBITDA for FY2024.
- Cash and short-term assets ~$27M as of August 16, 2023; repurchased 3.2M shares under buyback program with $4.75M capacity remaining.
- Record consolidated adjusted EBITDA of $10.9M for FY2023, a $24.4M improvement from prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023078491/0001213900-23-078491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1491419/000121390023078491/ea185588-8k_liveone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078491

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