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LiveOne GAAP EPS of -$0.11 beats by $0.03, revenue of $23.43M beats by $3.07M

Jun. 28, 2022 4:36 PM ETLiveOne, Inc. (LVO) StockBy: Pranav Ghumatkar, SA News Editor
  • LiveOne press release (NASDAQ:LVO): Q4 GAAP EPS of -$0.11 beats by $0.03.
  • Revenue of $23.43M (+11.4% Y/Y) beats by $3.07M.
  • Q4 Fiscal 2022 Adjusted EBITDA was a ($4.8) million loss, as compared to Q4 Fiscal 2021 Adjusted EBITDA of a ($2.4) million loss.
  • At March 31, 2022, LiveOne had $13.2 million in cash and cash equivalents, which includes restricted cash of $0.3 million.
  • LiveOne is maintaining its previous guidance for Fiscal 2023 revenue and Adjusted EBITDA which are expected to be $125 million - $140 million and $5 million - $10 million, respectively.
  • Shares +18.14%.

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