LiveOne (NASDAQ:LVO) Releases Quarterly Earnings Results, Hits Estimates

LiveOne (NASDAQ:LVO) posted its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03), Zacks reports. The company had revenue of $29,450 billion for the quarter, compared to analyst estimates of $31.35 million. LiveOne updated its FY 2025 guidance to EPS.

LiveOne Price Performance

NASDAQ:LVO traded down $0.04 during midday trading on Friday, hitting $0.93. The company’s stock had a trading volume of 496,752 shares, compared to its average volume of 688,004. The firm has a market cap of $88.51 million, a P/E ratio of -9.25 and a beta of 1.57. LiveOne has a fifty-two week low of $0.56 and a fifty-two week high of $2.15. The firm’s 50 day moving average is $1.19 and its 200-day moving average is $1.15.

LiveOne Company Profile

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.