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LiveOne ( (LVO) ) has provided an announcement.
LiveOne posted a 14% revenue increase to $32.6 million in Q2 Fiscal 2025, driven largely by an 18% rise in its Audio Division. Despite an operating loss of $1.4 million, the company improved its adjusted EBITDA to $2.9 million, emphasizing strategic growth and shareholder value through potential acquisitions and a robust $12 million share buyback program. With over 4 million members and enhanced earnings guidance, LiveOne continues to solidify its position in the digital entertainment market.
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