secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001213900-24-011343
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne Q3 revenue up 22% to $10.4M; 9-month adj. EBITDA turns positive at $405K
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- Q3 revenue $10.4M (+22% YoY vs $8.6M); 9-month revenue $31.6M (+22% YoY).
- Q3 operating loss widened to $2.6M from $0.7M; net loss per share $0.11 vs $0.01.
- 9-month adjusted EBITDA improved to $405K from ($24K) in prior year.
- Closed an 8-figure annual B2B partnership with a Fortune 500 company; added 24 new podcasts.
- PodcastOne ranked 10th in PODTRAC top publishers with ~5.3M U.S. monthly audience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024011343/0001213900-24-011343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390024011343/ea193161-8k_podcastone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-011343

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