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LiveOne Inc - LVO STOCK NEWS

Welcome to our dedicated news page for LiveOne (Ticker: LVO), a resource for investors and traders seeking the latest updates and insights on LiveOne.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LiveOne's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LiveOne's position in the market.

Rhea-AI Summary
LiveOne adds 51,000 new premium members with ARPU of $3.00+ per month. Year-over-year new premium memberships increased by approximately 700,000, a 40% increase. New Tesla premium members increased by 357,000 over the last six months. Reiterates guidance for 800K - 825K new premium members for fiscal year.
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0.33%
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Rhea-AI Summary
The Prosecutors podcast, hosted by Alice LaCour and Brett Talley, has been honored as the podcast 'People's Choice: Creator of the Year' at the CrimeCon CLUE Awards. The podcast has been downloaded over 20 million times and is part of PodcastOne's thriving True Crime network. Collectively, PodcastOne's true crime podcasts receive over seven million monthly downloads.
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LiveOne (Nasdaq: LVO) to present at LD Micro Main Event XVI Investor Conference on October 4th at 1:00 pm PT / 4:00 pm ET.
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conferences
Rhea-AI Summary
PodcastOne (PODC) announces name change and debt restructuring, increasing net equity by $6M. LiveOne (LVO) converts $3.5M investment into PODC stock at a 57% premium. Pro forma revenue guidance remains at $47-$51M with adjusted EBITDA of $4-$5M.
Rhea-AI Impact
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End-of-Day
-3.96%
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Rhea-AI Summary
LiveOne continues to break membership records, adding 306K new paid members in the first five months of FY2024, a 30% YoY increase. Total members increased to 3.26M, including 2.38M paid members. Raises guidance to 800K-825K new paid members this fiscal year. CEO highlights B-to-B partnerships with Tesla, TikTok, Samsung, Facebook, and Verizon as a winning combination.
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15.74%
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LiveOne increases stock repurchase program to $8.5 million, expresses confidence in undervalued shares. Expands partnership with East West Bank for additional liquidity.
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-5.26%
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buyback
Rhea-AI Summary
LiveOne expands stock repurchase program and enters new asset-backed lending facility with East West Bank
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-5.26%
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buyback
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Rhea-AI Summary
PodcastOne begins trading on Nasdaq under stock ticker 'PODC' at a minimum of $8 per share. PodcastOne delivered record revenue of $10.6M in Q1 FY 2024. It ranked 10th in PODTRAC's Podcast Industry Top Publishers Rankings for July 2023. Proforma guidance includes revenue from Kast Media and Fantasy Guru transactions starting April 1, 2023.
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-10.37%
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PodcastOne to ring Nasdaq opening bell on Sept 8th after spin-out as separate public company
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LiveOne's subsidiary, PodcastOne, extends contract with Co-Founder and President Kit Gray, signaling continued success in the podcasting industry.
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-6.29%
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LiveOne Inc

Nasdaq:LVO

LVO Rankings

LVO Stock Data

154.58M
68.46M
18.85%
21.97%
3.09%
Data Processing, Hosting, and Related Services
Information
Link
US
West Hollywood

About LVO

livexlive media, inc. (“livexlive media”) is home to premier video and audio media brands and technology assets that create a social media ecosystem for music, including the livexlive platform (“livexlive”). livexlive is one of the world’s only premium streaming services devoted to live music and music-related video content, delivering live streamed and premium, on demand original content to nearly any internet-connected screen. since its launch in 2015, livexlive has streamed performances from more than 200 of the world’s biggest artists from some of music’s most popular festivals, including rock in rio, outside lands music and arts festival, and hangout music festival. livexlive media’s businesses also include event marketing and ticketing platform wantickets, social media influencer venture livexlive influencers, streaming music service slacker radio* and video-centric social media app company snap interactive*. livexlive media is headquartered in beverly hills, calif. for more info