Podcastone (nasdaq: podc) anticipates record 32% q4 fy24 growth; exclusively featured in 1.7m tesla cars in north america

- q4 fy24: expects $11.7m revenue, up 32% yoy, with $256k adjusted ebitda*, a $470k improvement - fy24: expects $43.3m revenue, up 25%, with $660k adjusted ebitda* - fy25 guidance: $50m-$55m revenue - added 30 new podcasts in fy24, with over 100 in the pipeline - closed b2b partnership with a fortune 250 company with over 60m global streaming subscribers generating $20m+ annual revenues to podc - sold "vigilante" tv rights to a major studio; owns a slate of 6+ scripted podcasts, including "varnamtown", in negotiations for tv or movie productions - senior management to host a live conference call and audio webcast on thursday, may 30, 2024 at 11:30 am et los angeles, ca, april 24, 2024 (globe newswire) -- via newmediawire -- podcastone (nasdaq: podc ), a leading podcast platform and a subsidiary of liveone (nasdaq: lvo ) announced today certain of its preliminary and unaudited results for the fourth quarter and fiscal year ended march 31, 2024 (“q4 fy24” and “fy24”, respectively) and provided other updates. podcastone's president and co-founder, kit gray, commented, “we're thrilled about our continued success, as reflected in our fy24 anticipated earnings.
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