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LiveOne (LVO)
NASDAQ:LVO
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-$0.02Last Year’s EPS
-$0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 34.66%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for LiveOne, highlighting record revenues, strategic partnerships, and growth in various business segments. However, the company faces challenges such as a net loss for the quarter, uncertainties in Tesla subscriber conversions, and increased G&A expenses. Despite these challenges, the management remains optimistic about future growth opportunities.Company Guidance
During the LiveOne earnings call for Q2 2025, several key metrics were highlighted, showcasing the company's financial performance and strategic initiatives. LiveOne reported record revenues of $65.7 million for the first six months, with Q2 revenues reaching $32.6 million, marking a 14% year-over-year increase. The audio division contributed $31.7 million to the quarterly revenue, reflecting an 18.18% growth, while the adjusted EBITDA for this division was $5.6 million. The company ended the quarter with $11 million in cash, up by over $4 million from the previous quarter. LiveOne's partnership with Tesla was extended under new terms until May 2026, with the company gaining prominent space on Tesla's home screen and expanding its direct access to Tesla customers. In the podcasting sector, PodcastOne's revenue grew to $12.2 million, with a run rate increase from $20 million to $50 million over the past four years. The company has 100 podcasts in the pipeline and has acquired over 550,000 shares of PodcastOne this year, owning more than 73% of the company. LiveOne's publishing business experienced a 300% growth, and the company announced plans to continue stock buybacks, having already repurchased nearly 4.5 million shares.Record-Breaking Revenue and Growth
LiveOne achieved record revenues for the first six months of the fiscal year with consolidated revenues of $65.7 million, a 17% increase over the prior year period. Q2 consolidated revenues were $32.6 million, a 14% increase.
Audio Revenue Growth
Audio revenues for LiveOne delivered $31.7 million, marking an 18.18% growth. Adjusted EBITDA from the audio division was $5.6 million.
Successful Tesla Partnership Extension
LiveOne extended its partnership with Tesla through May 2026 under new terms that allow direct marketing to Tesla customers and the opportunity to expand across devices.
Expansion in Podcast Business
PodcastOne's success continues with revenue growth from $20 million to a run rate of $50 million over the past four years. The company has over 100 podcasts in the pipeline and plans to add 50 more in the next 24 months.
Significant Growth in Publishing Business
LiveOne's publishing business grew over 300%, contributing to the overall growth of the company.
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LVO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LVO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $0.91 | $0.85 | -6.59% |
| Aug 13, 2024 | $1.49 | $1.58 | +6.04% |
| Jun 25, 2024 | $1.54 | $1.51 | -1.95% |
| Feb 08, 2024 | $1.47 | $1.49 | +1.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LiveOne (LVO) report earnings?
LiveOne (LVO) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is LiveOne (LVO) earnings time?
LiveOne (LVO) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LVO EPS forecast?
LVO EPS forecast for the fiscal quarter 2025 (Q3) is -$0.02.
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