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GlobeNewsWire
1 month ago
LiveOne (Nasdaq: LVO) Expects $57.9M+ Fiscal 2026 YTD Revenue, $19.9M+ Q3 Fiscal 2026 Revenue, $1.0M+ Q3 Fiscal 2026 Adjusted EBITDA*, up ~200% QoQ
B2B partnerships across Amazon, YouTube, Spotify, Apple, Paramount, YouTube, DAX, TextNow, Telly and AI partners Listener.com and Intuizi continue to drive growth Anticipates launching three Fortune 500 partnerships by year-end across carrier, retail, and TV 100+ potential partnerships in the pipeline Achieves 52% YoY OpEx reduction; targeting a 34% YoY headcount reduction ($4M - $5M in savings) by year-end through AI-driven cost optimization Paid off $2.5M of debt LOS ANGELES, Feb. 05, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today certain anticipated financial results for its third fiscal quarter (“Q3 Fiscal 2026”) and nine months-ended ended December 31, 2025 and provided certain key highlights for such periods. “Our fiscal third quarter reflects the disciplined execution of our strategy and the meaningful progress we've made in streamlining our cost structure,” said Robert Ellin, LiveOne's CEO and Chairman.