“The conversion opportunity has enormous upside by offering Tesla owners an opportunity to upgrade and have access on all devices at discounted priority pricing” said Robert Ellin, CEO of LiveOne. “We’ll drive growth, unlock new revenue streams, own our data, and increase ARPU. To be conservative, due to the timing of our conversion rate, we are adjusting FY2025 revenue guidance to $120M – $135M and $8-15M adjusted EBITDA.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVO:
- PodcastOne renews agreement with LadyGang podcast
- PodcastOne enters multi-year agreement for rights to Fools Coverage
- LiveOne launches price increases for Plus, Premium membership plans
- PodcastOne renews exclusive sales agreement with Welch, Sullivan
- PodcastOne, Nic and Ryan Nemeth announce joint venture