earnings
confidence high
sentiment positive
materiality 0.70
LiveOne reports Q3 FY2024 revenue $31.2M, Adj. EBITDA $3.3M; FY2024 guidance $114M-120M
LiveOne, Inc.
- Q3 FY2024 revenue $31.2M, Adjusted EBITDA $3.3M.
- First nine months FY2024 revenue $87.5M, Adjusted EBITDA $8.2M.
- Full FY2024 guidance: revenue $114M-120M, Adjusted EBITDA $12M-16M.
- Audio Division (Slacker, PodcastOne) FY2024 guidance: revenue $105M-110M, Adj. EBITDA $18.5M-21M.
- Repurchased 3.7M shares as of Feb 23, 2024; ~$5.75M repurchase capacity remaining.