Update: liveone (nasdaq: lvo) anticipates record q4 and fy24 results

- fy24: expects $118.5m revenue, $14.4m adjusted ebitda* (excluding $3.5m cps division loss) - q4 fy24: expects $30.3m revenue, $4.3m adjusted ebitda* (excluding $1.6m cps loss) - lvo anticipates completing cps restructuring adding $3m adjusted ebitda* in fy25 - maintains fy25 guidance: $140m-$155m revenue and $16m-$20m adjusted ebitda* - audio division fy25 guidance: $130m-$140m revenue, $20m-$25m adjusted ebitda* and $17m+ positive cash flow - repurchased ~4m shares since program inception, with $5m remaining dedicated for continued repurchases - $10.6m current cash position - senior management will host a live conference call and audio webcast beginning at 10:00 a.m. et on thursday, may 30, 2024 los angeles, ca, april 22, 2024 (globe newswire) -- via newmediawire -- liveone (nasdaq: lvo ), an award-winning, creator-first music, entertainment, and technology platform, announced today certain of its preliminary and unaudited results for the fourth quarter and fiscal year ended march 31, 2024 (“q4 fiscal 2024” and “fiscal 2024”, respectively).
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