LiveOne, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 30, 2024 at 08:47 am
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LiveOne, Inc. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was USD 30.9 million compared to USD 25.55 million a year ago. Net loss was USD 1.95 million compared to USD 5.41 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago.
For the full year, sales was USD 118.44 million compared to USD 99.61 million a year ago. Net loss was USD 11.97 million compared to USD 10.02 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 0.12 a year ago.
LiveOne, Inc. offers a creator-first, music, entertainment, and technology platform, which is focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company is engaged in the acquisition, distribution and monetization of live music, Internet radio, podcasting and music-related streaming and video content. It is also engaged in packaging, producing, and broadcasting its live music content across its music platform. In addition, the Company has a distribution relationship with a variety of platforms, including Roku, AppleTV, Amazon Fire, linear over-the-top (OTT) platforms, such as STIRR and XUMO. The Company's subsidiaries include Slacker Radio, PodcastOne, PPVOne, Palm Beach Records, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind.
LIVEONE, INC. 
