LiveOne Q4 sales fall on Slacker revenue decline; raises guidance

LiveOne

24/06/2026 13:23

Overview
US music and entertainment platform's Q4 revenue declined and missed analyst expectations
Q4 adjusted EBITDA improved to $0.3 mln from a loss last year on cost cuts
Company expanded stock repurchase program by over $7 mln, with $5 mln remaining

Outlook
LiveOne raises fiscal 2027 revenue guidance to $85 mln–$95 mln
Company expects fiscal 2027 adjusted EBITDA of $8 mln–$10 mln, excluding corporate overhead
LiveOne expects to close a major acquisition this quarter and continues to evaluate M&A opportunities

Result Drivers
SLACKER REVENUE DECLINE - Q4 revenue decrease was primarily driven by reductions in Slacker revenues
COST REDUCTION - Operating expenses fell 52% year-over-year due to AI-driven efficiencies and workforce cuts
IMPAIRMENT EXPENSES - Improvement in operating loss was largely due to lower impairment expenses compared to prior year

Company press release: ID:nGNXbsK6Wh

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$18.90 mln
$20.10 mln (4 Analysts)
Q4 EPS
 
-$0.65
 

Analyst Coverage
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"
The average consensus recommendation for the entertainment production peer group is "buy"
Wall Street's median 12-month price target for LiveOne Inc is $12.00, about 97.4% above its June 23 closing price of $6.08

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)