LiveOne Inc expected to post a loss of 1 cent a share - Earnings Preview

LiveOne

06/11/2024 14:13

* LiveOne Inc  LVO.OQ   LVO.O  is expected to show a rise in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Beverly Hills California-based  company is expected to
report a 18.1% increase in revenue to $33.7 million from $28.53
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for LiveOne Inc is for a
loss of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for LiveOne Inc
is
$2.50​, above​ its last closing price of $0.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.02       -0.02      -0.02     Met     -14.3
 Mar. 31 0001  0.00        -0.01      -0.03     Missed  -300
 Dec. 31 2023  -0.01       -0.02      -0.02     Met     -20​
 Sep. 30 2023  0.00        0.00       -0.04     Missed  -1,101
                                                        .2
 ​​Jun.        -0.01       -0.01      -0.01     Met     33.3
 30 2023                                                
 Mar. 31 2023  -0.02       -0.03      -0.06     Missed  -100​
 Dec. 31 2022  -0.04       -0.05      -0.04     Beat    14.3
 Sep. 30 2022  -0.04       -0.04      -0.04     Met     0
 This summary was machine generated November 6 at 14:13 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)