LiveOne (Nasdaq: LVO) Provides Updated Preliminary Record Breaking Revenue and EBITDA results for Q1 FY2025
LiveOne(LVO) Newsfilter·2024-07-19 05:49
Expected Record Revenue of $33.1M for Q1 FY2025, up 20% from Q1 FY2024Expected Adjusted EBITDA* of $2.9M, up 31% over Q1 FY2024Guides positive cash flow from core operating business of $17.5M for fiscal year ending March 31, 2025 ("FY2025")Realized annualized cost savings of approximately $5M for Q1 FY2025 and ended Q1 FY2025 with over $10M cash positionCompany expands share repurchase program from $10M to $12M LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, enter ...