LiveOne (NASDAQ:LVO) Issues Earnings Results

LiveOne (NASDAQ:LVO) announced its quarterly earnings data on Wednesday. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.01, Zacks reports.

Here are the key takeaways from LiveOne’s conference call:

• LiveOne reported Q1 revenue of approximately $19.4 million and consolidated adjusted EBITDA of $4.3 million, while audio generated $18.6 million of revenue and $6.3 million of adjusted EBITDA. PodcastOne delivered record revenue of roughly $16.1 million and $1.6 million of adjusted EBITDA.
• Management highlighted accelerating B2B distribution, including new or expanding relationships with Netflix, Amazon, Paramount, AT&T, Samsung, LG and Vizio, plus a new four-year agreement with a major retailer. It believes these partnerships support a path to more than $250 million in annual revenue within three years, although this remains an aspiration rather than formal guidance.
• The company increased cash by $3.3 million, added $7 million to stockholders’ equity, eliminated $5 million of liabilities and repurchased $7 million of the planned $12 million in stock. Management said it intends to continue buying shares at current valuations and is also pursuing an accretive M&A transaction.
• LiveOne is in discussions with 17 AI companies to license its audio and video archive, with potential pricing of $100 to $500 per hour, and expects initial monetization as soon as next quarter. These opportunities are still under negotiation and their ultimate financial contribution is uncertain.
• Management said Q1’s improved Slacker margins and EBITDA benefited from approximately $1.5 million of liability reductions and stock-for-services arrangements, meaning underlying margins may normalize. The company also issued shares at $7.50 per share for certain transactions, contributing to a higher share count and potential dilution.

LiveOne Price Performance

LiveOne stock traded down $0.59 during trading hours on Wednesday, reaching $3.97. The stock had a trading volume of 190,279 shares, compared to its average volume of 72,365. The company has a market cap of $54.71 million, a price-to-earnings ratio of -2.05 and a beta of 1.66. The business’s 50 day moving average price is $5.43 and its 200-day moving average price is $5.29. LiveOne has a 52 week low of $3.60 and a 52 week high of $7.20.

Key LiveOne News

Here are the key news stories impacting LiveOne this week:

• Positive Sentiment: LiveOne reported Q1 revenue of $19.4 million, up slightly from $19.2 million a year earlier, while adjusted EBITDA improved to $4.3 million from a $1.8 million loss. The company attributed the improvement to stronger margins, particularly at Slacker, cost controls and AI initiatives. LiveOne Q1 Fiscal 2027 Results
• Positive Sentiment: The Audio division generated $18.6 million in revenue and a record $6.3 million in adjusted EBITDA. PodcastOne also posted record revenue of $16.1 million and reached No. 6 in Podtrac’s podcast rankings, while expanded partnerships with AT&T, Samsung, LG and VIZIO could support future growth. LiveOne Financial Results Summary
• Neutral Sentiment: LiveOne strengthened its balance sheet during the quarter, increasing cash by $3.3 million, reducing liabilities by $5.5 million and improving stockholders’ equity by $6.9 million. However, the company continues to evaluate acquisitions, AI projects and other strategic initiatives that may require additional capital.
• Negative Sentiment: The company remained unprofitable, reporting a $3.1 million net loss and a $3.7 million operating loss. LiveOne’s $0.23-per-share loss narrowly beat the $0.24 consensus estimate, but revenue missed estimates, limiting the impact of the earnings beat. LiveOne Reports Q1 Loss
• Negative Sentiment: Investors may also remain concerned about LiveOne’s reliance on a major OEM customer, its ongoing accumulated deficit and the gap between non-GAAP adjusted EBITDA gains and GAAP profitability.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of LiveOne in a research report on Tuesday, June 9th. Alliance Global Partners reiterated a “buy” rating on shares of LiveOne in a research note on Tuesday, July 7th. Finally, Wall Street Zen lowered shares of LiveOne from a “hold” rating to a “sell” rating in a report on Sunday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $12.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of LVO. Jane Street Group LLC bought a new position in shares of LiveOne during the 2nd quarter worth approximately $247,000. No Street GP LP purchased a new position in LiveOne in the third quarter worth $1,239,000. Marshall Wace LLP acquired a new position in shares of LiveOne during the second quarter worth $174,000. Acadian Asset Management LLC lifted its holdings in shares of LiveOne by 2,891.7% during the 1st quarter. Acadian Asset Management LLC now owns 147,490 shares of the company’s stock valued at $101,000 after purchasing an additional 142,560 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of LiveOne in the 2nd quarter worth $87,000. Hedge funds and other institutional investors own 21.25% of the company’s stock.

About LiveOne

LiveOne, Inc (NASDAQ: LVO) is a digital media and entertainment company specializing in live and on-demand music, podcasts and original content. The company provides streaming access to live concerts, festival performances and exclusive artist-driven programming through its digital platform and mobile applications. Its service offerings include ad-supported free tiers as well as premium subscription packages that deliver high-quality audio and video experiences for music fans worldwide.

The LiveOne platform aggregates a diverse range of content, including live concert streams, curated on-demand playlists, artist interviews and behind-the-scenes footage.