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

LiveOne

09/02/2023 15:12

* LiveOne Inc  LVO.OQ  reported a quarterly adjusted loss
of 4
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss of 5
cents per share.
    * Revenue fell 17% to $27.31 million from a year ago;
analysts
expected $26.38 million. 
    * LiveOne Inc's reported EPS for the quarter was a loss of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 166.7% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * LiveOne Inc shares had risen by 47.6% this quarter.
    * The company reported a quarterly loss of $3.19 million.
    * Wall Street's median 12-month price target for LiveOne Inc
is
$3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 03:12 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.05          -0.04          Beat
 Sep. 30 2022      -0.04          -0.04          Met
 Jun. 30 2022      -0.07          0.02           Beat
 Mar. 31 2022      -0.13          -0.11          Beat