LiveOne issues FY2024 revenue guidance $114M-$120M; Q2 revenue $28.5M

LiveOne, Inc.

Full FY2024 revenue guidance of $114M-$120M and adjusted EBITDA of $12M-$16M.
Audio Division FY2024 guidance raised to $105M-$110M revenue, $18.5M-$21M adjusted EBITDA.
Q2 FY2024 consolidated revenue $28.5M, adjusted EBITDA $2.8M. First half revenue $56.3M, adjusted EBITDA $5M.
Repurchased 3.2M shares under buyback; ~$5M capacity remaining. Shares outstanding 90.2M as of Aug 10, 2023.
FY2023 revenue $99.6M, record adjusted EBITDA $10.9M.

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