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LiveOne lowers 2023 revenue view $100M-$110M from $126M-$129M

Consensus $130.38M As LiveOne has strategically opted to delay any new live tentpole or pay-per-view events until its fiscal year ending March 31, 2024 and utilize its capital and resources to strengthen its balance sheet, buyback stock and focus on the growth of its profitable businesses, the company is updating its guidance for Fiscal 2023 consolidated revenue of between $100M – $110M and Fiscal 2023 Adjusted EBITDA guidance to between $9M – $11.5M.

Published first on TheFly

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