LiveOne (LVO) Re-affirms Revenue Guidance of at Least $112M for FY22
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
LIVEONE AFFIRMS RECORD REVENUE OF AT LEAST $112 MILLION FOR FY 2022
April 5, 2022 7:00 AM EDTMARCH 31, 2022 ENDED WITH TOTAL MEMBERS REACHING A RECORD 2.23 MILLION**
1.48 MILLION** TOTAL PAID MEMBERS
750,000 TOTAL FREE MEMBERS
LiveOne Maintains Guidance to Achieve Positive Adjusted EBITDA* in Q1 FY 2023 Ending June 30, 2022; Maintains Revenue Guidance for FY 2023 of Between $125 - $140 Million and Adjusted EBITDA* Between $4 Million - $8 Million
LiveOne Added a Record of Over 52K New Paid Members in March 2022 Through Conversion From Free Members, Live Events, Merchandise Purchases, Ticket Buyers & Expansion into Connected VehiclesÂ
FY 2022 Had Over 300... More