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

LiveOne

15/08/2022 13:00

* LiveOne Inc  LVO.OQ  reported quarterly adjusted earnings
of 2
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss of 7
cents per share.
    * Revenue fell 40.1% to $23.22 million from a year ago;
analysts
expected $24.14 million. 
    * LiveOne Inc's reported EPS for the quarter was 2 cents​.
    * The mean earnings estimate of analysts had risen by
about 30% 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 48.3% this quarter and
lost 0.8%
so far this year.
    * The company reported quarterly net income of $1.35
million.
    * Wall Street's median 12-month price target for LiveOne Inc
is
$6.00 
    * 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 August 15
at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.07          0.02           Beat
 Mar. 31 2022      -0.13          -0.11          Beat
 Dec. 31 2021      -0.16          -0.15          Beat
 Sep. 30 2021      -0.12          -0.19          Missed