LiveOne Inc reports results for the quarter ended December 31 - Earnings Summary

LiveOne

14/02/2025 14:31

* LiveOne Inc  LVO.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of -2
cents.  The mean expectation of five analysts for the quarter
was for a loss of 2 cents per share. Wall Street expected
results to range from -4 cents to -1 cents per share.
    * Revenue fell 5.8% to $29.45 million from a year ago;
analysts
expected $31.35 million. 
    * LiveOne Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The company reported a quarterly loss of $5.23 million.
    * LiveOne Inc shares had fallen by 34.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 66.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the entertainment
production peer group is also "buy"

Wall Street's median 12-month price target for LiveOne Inc is
$3.00 
This summary was machine generated from LSEG data February 14 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.02          -0.06          Missed
 Sep. 30 2024      -0.01          -0.02          Missed
 Jun. 30 2024      -0.02          -0.02          Met
 Mar. 31 2024      -0.01          -0.03          Missed