LiveOne Preliminary Q1 2025 Revenue $33.1M Vs $32.46M Est.; Adjusted EBITDA Results Of $2.9M
- Record revenue of $33.1M for the Q1 FY25, up 20% from Q1 FY24
- Adjusted EBITDA* results of $2.9M, up 31% over Q1 FY24
- Guides positive cash flow from core operating business of $17.5M for Q1 2025
- Realized cost savings of approximately $5M for Q1 and ended Q1 with over $10M cash position
- Company expands share repurchase program from $10M to $12M
LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, entertainment, and technology platform, announces preliminary fiscal year 2025 Q1 results (ended June 30, 2024).