Liveone, Inc. ( (LVO) ) has released its Q2 earnings. Here is a breakdown of the information Liveone, Inc. presented to its investors.
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LiveOne, Inc. is a music, entertainment, and technology platform that provides premium experiences and content worldwide through memberships and live and virtual events. The company recently released its Q2 Fiscal 2025 earnings report, highlighting an increase in revenue and membership growth.
In the latest quarter, LiveOne reported a consolidated revenue of $32.6 million, marking a 14% increase from the previous year. The Audio Division, which includes Slacker Radio and PodcastOne, contributed significantly with an 18% increase in revenue. The company also experienced a notable increase in its paid membership base, which rose by 27% compared to the previous year.
Financially, LiveOne’s operating loss decreased to $1.4 million, demonstrating improved cost management. The Adjusted EBITDA for the quarter was $2.9 million, reflecting a slight improvement from the previous year. Additionally, LiveOne reaffirmed its fiscal year guidance, anticipating consolidated revenue between $120 million to $135 million and Adjusted EBITDA between $8 million to $15 million.
Looking ahead, LiveOne’s management remains optimistic about the company’s growth prospects. They continue to explore strategic alternatives to enhance shareholder value and maintain a focus on expanding their membership base and increasing revenue through their audio and media divisions.
