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

LiveOne

27/06/2023 14:12

* LiveOne Inc  LVO.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 3
cents per share.
    * Revenue rose 9% to $25.55 million from a year ago;
analysts
expected $25.00 million. 
    * LiveOne Inc's reported EPS for the quarter was a loss of 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 10% 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 43.0% this quarter and
gained 153.3% so far this year.
    * The company reported a quarterly loss of $4.77 million.
    * Wall Street's median 12-month price target for LiveOne Inc
is
$3.25 
    * 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 LSEG Refinitiv data June
27 at 01:12 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.03          -0.06          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