Liveone, Inc. ( (LVO) ) has released its Q1 earnings. Here is a breakdown of the information Liveone, Inc. presented to its investors.
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LiveOne, Inc. is a Los Angeles-based, award-winning platform that specializes in music, entertainment, and technology, offering premium experiences through memberships and live and virtual events. In its latest earnings report for the first fiscal quarter of 2026, LiveOne reported a revenue of $19.2 million, a significant decrease from the $33.1 million recorded in the same period last year. This decline was primarily attributed to reduced revenues from its Slacker division. Despite the revenue drop, the company made strategic moves, including a 31% staff reduction and the expansion of B2B partnerships, notably a $16.5 million deal with Amazon through PodcastOne and a significant partnership with a Fortune 250 streaming network. LiveOne also completed a $10.2 million equity raise to support its Bitcoin yield strategy and Web3 initiatives. The company reported an operating loss of $4 million, up from $0.8 million in the previous year, and an adjusted EBITDA loss of $1.8 million compared to a positive $2.9 million last year. Despite these challenges, LiveOne is optimistic about future growth, with plans to launch a major live event series and explore merger and acquisition opportunities. The management remains focused on building momentum through strategic partnerships and expanding its Web3 team, positioning the company for continued success in the evolving digital landscape.
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