The company reported a decline in earnings per share, with a loss of $0.65 compared to a loss of $0.08 a year earlier, missing analyst expectations.
The quarter recorded revenue of $18.92 million, which fell short of analyst estimates of $20.10 million and decreased from the previous year’s levels.
In the Audio Division, revenue for the fourth quarter was $18.3 million, with a positive segment Adjusted EBITDA of $2.4 million.
LiveOne has raised its guidance for Fiscal 2027, projecting revenues to increase to between $85 million and $95 million, with an expected Adjusted EBITDA of $8 million to $10 million, excluding corporate overhead.
LiveOne’s CEO and Chairman, Robert Ellin, stated, “Our fourth quarter results reflect strong execution and profitable growth, highlighted by sustained momentum in our Audio Division business and the scalability of our platform.”~
