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LiveOne Announces Fiscal Year 2024 Financial Results

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LiveOne Announces Fiscal Year 2024 Financial Results

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The latest update is out from LiveOne ( (LVO) ).

LiveOne, Inc. reported financial highlights for fiscal year 2024, ending March 31, 2024, with consolidated revenue of $118.4 million and adjusted EBITDA of $11.0 million. It anticipates a revenue range of $120 million to $130 million for fiscal year 2025. The company also repurchased 4.4 million shares under its stock repurchase program as of November 15, 2024. LiveOne continues to address significant market verticals, including music subscriptions, podcasts, and live streaming, positioning itself strategically amid industry growth forecasts.

More about LiveOne

LiveOne, Inc. is a creator-first company operating in the music, entertainment, and technology sectors. It specializes in delivering premium experiences and content worldwide through its memberships and live and virtual events. The company focuses on providing the best experiences for fans, brands, and bands.

YTD Price Performance: -3.23%

Average Trading Volume: 442,102

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $114.8M

For an in-depth examination of LVO stock, go to TipRanks’ Stock Analysis page.

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