Liveone, Inc. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2022 and Fiscal Year Ending March 31, 2023
December 20, 2021 at 05:30 pm IST
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LiveOne, Inc. provided earnings guidance for the fiscal year ending March 31, 2022 and fiscal year ending March 31, 2023. For the year 2022, the company updating its guidance for Fiscal Year 2022 of revenue between $110 million - $112 million.
For Fiscal Year 2023 the company expects revenue of between $120 - $140 Million.
LiveOne, Inc. offers a creator-first, music, entertainment, and technology platform, which is focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company is engaged in the acquisition, distribution and monetization of live music, Internet radio, podcasting and music-related streaming and video content. It is also engaged in packaging, producing, and broadcasting its live music content across its music platform. In addition, the Company has a distribution relationship with a variety of platforms, including Roku, AppleTV, Amazon Fire, linear over-the-top (OTT) platforms, such as STIRR and XUMO. The Company's subsidiaries include Slacker Radio, PodcastOne, PPVOne, Palm Beach Records, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind.