Neutral
GlobeNewsWire
11 days ago
PodcastOne (Nasdaq: PODC) Raises FY2026 Guidance to $68M–$75M Revenue and $7M–$10M Adjusted EBITDA*
• $7M warrant exercise converted to cash; all junior debt repaid; largest cash position in company history • PodcastOne in Podtrac's Top Ten publisher rankings ahead of DailyWire+, Barstool and CNN • Expects to start monetizing this quarter 250K+ hours of video content through AI/LLM data licensing partnerships with hyperscalers • Expanding retailer and carrier partnerships alongside Amazon, Apple, Spotify, YouTube, Paramount Global, Pluto TV, Telly, LG, Samsung and Vizio LOS ANGELES, May 27, 2026 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading podcast platform and publisher, today announced it has raised its fiscal year 2026 guidance to projected revenue of $68 million to $75 million and Adjusted EBITDA* of $7 million to $10 million, reflecting continued momentum across the Company's advertising, platform expansion, AI monetization and strategic growth initiatives. “We believe PodcastOne is executing from a position of significant strength as we continue scaling our platform, monetization capabilities and strategic partnerships,” said Robert Ellin, Chairman of PodcastOne.