LiveOne, Inc. LVO incurred a third-quarter fiscal 2025 GAAP lack of 6 cents per share in contrast with a lack of 3 cents a yr in the past.
The Zacks Consensus Estimate was pegged at a lack of 3 cents per share.
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Revenues decreased 5.8% yr over yr to $29.4 million and missed the consensus mark by 9.9%.
LiveOne, Inc. Worth, Consensus and EPS Shock
LiveOne, Inc. price-consensus-eps-surprise-chart | LiveOne, Inc. Quote
Within the third quarter, LVO signed 5 new offers, including greater than $44 million in revenues. This features a $25 million partnership with a Fortune 500 media conglomerate and a $16.5 million take care of Amazon.
LiveOne anticipates finalizing at the least two extra partnerships by the top of the yr. It stays targeted on B2B partnerships, and the pipeline stays sturdy, with greater than 70 B2B partnerships in varied levels of growth, involving corporations starting from $1 billion to $1 trillion in valuation.
PodcastOne’s 72% stake is owned by LVO, which is why its monetary outcomes are consolidated underneath this firm.
The Audio enterprise, comprising Slacker Radio and PodcastOne, has achieved a historic milestone, producing $90 million prior to now 9 months in revenues for the primary time within the firm’s historical past. This success was accompanied by $14.1 million in adjusted EBITDA over the previous 9 months. This exceptional efficiency highlights our means to adapt, overcome challenges and thrive.
In January 2025, the whole variety of paid and month-to-month energetic ad-supported customers surpassed 800,000.
In fiscal 2025, LiveOne surpassed 800,000 Tesla subscribers, together with greater than 475,000 ad-supported customers, with an addition of greater than 100,000 new subscribers.
Moreover, LVO is dedicated to its inventory buyback program of $12 million. The corporate has $6.2 million left for repurchase underneath the prevailing buyback plan.
LVO’s Margin Efficiency Different Particulars
In the course of the fiscal third quarter, adjusted non-GAAP EBITDA was 1.5 million, down 53.5%. The Audio Division’s non-GAAP adjusted EBITDA reached $3.6 million, pushed by an improved contribution margin together with decrease working bills.
Working loss throughout the quarter totaled $5.1 million in contrast with working lack of $0.8 million within the prior-year quarter. The broader loss was primarily resulting from a decline in revenues from the Audio Division.
Capital expenditure throughout the quarter was almost $0.9 million due to capitalized software program prices, which type an integral a part of the event of LiveOne’s built-in music participant.
LVO Updates Outlook
For fiscal 2025, the corporate has revised its income steerage to $112-$120 million, down from the earlier estimate of $120-$135 million. Equally, the adjusted EBITDA forecast has been lowered to a spread of $6-$10 million from the sooner projection of $8-$15 million.
Throughout the Audio Division, revenues at the moment are anticipated to be between $106 million and $115 million, barely diminished from the prior estimate of $110-$120 million. Nevertheless, the adjusted EBITDA goal for this phase stays unchanged at $12-$20 million.
LVO’s Zacks Rank
LiveOne presently carries a Zacks Rank #3 (Maintain). Shares of the corporate have misplaced 18.6% prior to now yr in contrast with the Zacks Audio Video Production industry’s progress of 32.2%. You may see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Picture Supply: Zacks Funding Analysis
Efficiency of Different Companies in Shopper Discretionary House
Sonos, Inc. SONO reported first-quarter fiscal 2025 non-GAAP earnings per share of 64 cents. It had registered earnings of 84 cents within the prior-year quarter. On a GAAP foundation, the corporate reported earnings of 40 cents in contrast with 64 cents within the year-ago quarter. The Zacks Consensus Estimate was pegged at 36 cents per share.
Prior to now yr, shares of SONO have misplaced 27.8%.
Dolby Laboratories, Inc. DLB reported first-quarter fiscal 2025 outcomes, with non-GAAP earnings per share (EPS) of $1.14 in contrast with $1.01 reported within the prior-year quarter. The underside line surpassed the Zacks Consensus Estimate by 6.5%. Sturdy revenues and better gross margins have been major progress drivers. Whole revenues have been $357 million, up from $315.6 million within the year-ago quarter and beat the Zacks Consensus Estimate by 3.1%. This uptick was pushed by increased revenues throughout enterprise segments.
Prior to now six months, shares of DLB have soared 16.4%.
GoPro, Inc. GPRO reported fourth-quarter 2024 non-GAAP loss per share of 9 cents, narrower than the Zacks Consensus Estimate of a lack of 11 cents. The corporate reported earnings per share of three cents within the year-ago quarter.
Prior to now six months, shares of GPRO have declined 39.2%.
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Dolby Laboratories (DLB) : Free Stock Analysis Report
GoPro, Inc. (GPRO) : Free Stock Analysis Report
Sonos, Inc. (SONO) : Free Stock Analysis Report
LiveOne, Inc. (LVO) : Free Stock Analysis Report
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