LiveOne (LVO) Q1 Loss Matches Estimates, Revenues Up Y/Y
LVOLiveOne(LVO) ZACKS·2024-08-14 23:16

LiveOne (LVO) incurred a first-quarter fiscal 2025 loss of 2 cents per share compared with a loss of 1 cent a year ago. The figure was in line with the Zacks Consensus Estimate.Revenues increased 19% year over year to $33.1 million but missed the consensus mark by 0.1%. Despite the competitive market landscape, LVO's year-over-year top-line growth was fueled by the continued success of the Audio Division, a strong pipeline and the addition of four new partnerships.For the three months ended June 2024, Slack ...