PodcastOne (NASDAQ:PODC) reported $15.4 million in revenue for its fiscal 2027 second quarter and narrowed its operating and net losses from a year earlier, as the podcast network expanded its programming and invested in audience discovery and advertising technology.
Operating loss was $500,000, compared with $1 million in the same quarter a year earlier. President and Founder Kit Gray attributed the improvement primarily to higher revenue and lower stock-based compensation within general and administrative expenses.
Net loss also narrowed to $500,000, or $0.02 per basic and diluted share, from $1 million, or $0.04 per share, a year earlier. Adjusted EBITDA, a non-GAAP measure, rose to $1.4 million from $1.1 million, driven by revenue growth and improved contribution margin, Gray said.
Programming Expansion
Gray said PodcastOne continued to add established creators and develop original shows during the quarter. The company secured exclusive sales and distribution rights under a multiyear agreement for “Dropping Names…and Other Things with Brent & Jonny,” hosted by actors Brent Spiner and Jonathan Frakes.
The company also acquired “FluentlyForward,” hosted by Shannon McNamara, and launched the original series “People Pleasers,” hosted by comedians Leah Rudick and Jessica Michelle Singleton. Gray said the additions reflected a strategy of combining established creator-led programming with original shows aimed at new audience categories.
PodcastOne ranked eighth in Podtrac’s U.S. podcast publisher rankings for September, Gray said.
He also highlighted audience interest in “The Prosecutors,” whose hosts, Alice and Brett, covered the Lindsay Clancy case in real time. Gray said both hosts have expanded their media presence, including appearances on “Crime Stories with Nancy Grace.”
Distribution and Audience Development
Gray pointed to PodcastOne’s partnerships with PAVE Studios and A&E as examples of bringing established media brands into its distribution network. The A&E slate includes “The First 48,” “History’s Greatest Mysteries,” “Celebrity Ghost Stories,” “The Unbelievable” and “The UnXplained.”
“The First 48” and “History’s Greatest Mysteries” have shown strong audience engagement, Gray said. He attributed discovery of those programs in part to cross-promotion across PodcastOne’s true crime network and targeted feed drops drawing on A&E’s existing podcast audiences.
During the quarter, PodcastOne also launched a redesigned website intended to improve show discovery, search engine optimization and the listener experience. Gray said audiences increasingly find and consume podcasts across audio platforms, YouTube, social media and streaming services.
Technology and Strategy
Gray said the company is using artificial intelligence and other tools to support advertising management, audience discovery, attribution and content production. Its technology includes Flightpath for predictive profitability, Boostr for advertising management and OpusClip for converting long-form video into short-form content.
PodcastOne also uses AI-based search capabilities to identify emerging talent and audience interests, Gray said. He added that the company continues to invest in advertising technology, analytics and programmatic infrastructure to help brands reach audiences and measure results.
For the remainder of fiscal 2027, Gray said the company’s focus includes expanding creator relationships, strengthening distribution and advertising capabilities, and developing intellectual property. He also described video as an opportunity to extend the reach of PodcastOne’s content across multiple platforms.
About PodcastOne (NASDAQ:PODC)
PodcastOne, Inc. operates a podcast network and digital audio platform that produces, distributes, hosts and monetizes podcasts. Its services include podcast advertising, sponsorship sales, audience development, content production and technology support for podcast creators and publishers. The company’s programming spans news, comedy, entertainment, sports, business, lifestyle and true crime. PodcastOne distributes its shows through its own platform and major third-party audio services, while also providing advertisers with opportunities to reach podcast audiences through host-read advertisements, sponsorships and other integrated campaigns.
