LiveOne Inc reports results for the quarter ended in September 30 - Earnings Summary

LiveOne

07/11/2024 20:46

* LiveOne Inc  LVO.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -4 cents.  The mean expectation of five analysts for the
quarter was for a loss of one cent per share. Wall Street
expected results to range from -2 cents to -1 cents per share.
    * Revenue rose 14.3% to $32.59 million from a year ago;
analysts
expected $33.70 million. 
    * LiveOne Inc's reported EPS for the quarter was a loss of 2
cents​.
    * The company reported a quarterly loss of $1.86 million.
    * LiveOne Inc shares had fallen by 4.4% this quarter and
lost 34.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
$2.50 
This summary was machine generated from LSEG data November 7 at
08:46 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
 Sep. 30 2024      -0.01          -0.02          Missed
 Jun. 30 2024      -0.02          -0.02          Met
 Mar. 31 2024      -0.01          -0.03          Missed
 Dec. 31 2023      -0.02          -0.02          Met