LiveOne (NASDAQ:LVO) Announces Quarterly Earnings Results

LiveOne (NASDAQ:LVO) posted its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03), Zacks reports. The firm had revenue of $29.45 million for the quarter, compared to the consensus estimate of $32.69 million. LiveOne updated its FY 2025 guidance to EPS.

LiveOne Trading Down 3.7 %

LiveOne stock traded down $0.04 during trading hours on Friday, hitting $0.93. 496,752 shares of the stock traded hands, compared to its average volume of 688,004. The firm’s 50-day moving average price is $1.19 and its two-hundred day moving average price is $1.15. The company has a market cap of $88.51 million, a PE ratio of -9.25 and a beta of 1.57. LiveOne has a one year low of $0.56 and a one year high of $2.15.

LiveOne Company Profile

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.