LiveOne (LVO) Tops Q4 EPS by 2c

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Go back to LiveOne (LVO) Tops Q4 EPS by 2c

LiveOne's Full Year Fiscal 2022 Revenue Surges 79% to a Record of $117 Million

June 28, 2022 4:30 PM EDT

Fourth Quarter Revenue Was $23.4 Million, Up 11% Year-Over-Year

Company Expects Revenue of Approximately $23 Million and Adjusted EBITDA* of Between $0.5 Million and $1 Million in Q1 Fiscal 2023 Ending June 30, 2022

Company Maintains Guidance for Fiscal 2023 of Revenue Between $125 Million - $140 Million and Adjusted EBITDA* of Between $5 Million - $10 Million

Recent Cost and Expense Reductions Expected to Increase to $23 Million in Fiscal 2023

LiveOne Has Extinguished Approximately $5.5 Million in Payables and Holds Approximately $30 Million in Short-term Assets in the Current Q1 Fiscal... More