LiveOne reports Q3 EPS (6c) vs (3c) last year

Reports Q3 revenue $29.445M, consensus $31.35M. The company said, “As previously announced with the assistance of J.P. Morgan, LiveOne (LVO) is continuing a process to explore strategic alternatives to enhance shareholder value. Potential alternatives may include, among others, a strategic acquisition, divestiture, merger, sale or other form of business combination. There can be no assurance that LiveOne’s efforts will result in a specific transaction or any particular outcome or its timing.”