LiveOne (PODC) Guides FY25 Revenue of $140M-$155M, Adjusted EBITDA of $16M-$20M

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LiveOne (Nasdaq: LVO) Issues Fiscal 2025 Revenue Guidance of $140 - $155M with $16 - $20M of Adjusted EBITDA*

December 19, 2023 8:45 AM EST


 -  Audio Division, consisting of Slacker Radio and PodcastOne (Nasdaq: PODC), forecasts to combine for $130 - $140M of revenues with $20 - $25M EBITDA* and over $17M of positive cash flow

- Anticipates LiveOne to add over 1M subscribers

- Expects PodcastOne to onboard 20+ new podcasters

- Expands LiveOne stock repurchase program to $10M

- Currently finalizing the restructuring of the merchandise business slashing 75-100 staff expected to result in $5 - $10m cost savings, with focus on key... More