LiveOne (NASDAQ:LVO) Releases Quarterly Earnings Results, Meets Expectations

LiveOne (NASDAQ:LVO) issued its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03), Zacks reports. LiveOne updated its FY 2025 guidance to EPS.

LiveOne Price Performance

Shares of NASDAQ:LVO traded down $0.26 on Thursday, hitting $0.92. 1,264,235 shares of the company’s stock were exchanged, compared to its average volume of 653,492. The business’s 50 day simple moving average is $1.19 and its two-hundred day simple moving average is $1.16. The stock has a market capitalization of $88.21 million, a price-to-earnings ratio of -9.38 and a beta of 1.57. LiveOne has a 12 month low of $0.56 and a 12 month high of $2.15.

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.