The company repurchased approximately 1.3M shares in 2024; $5.75M remaining for discretionary repurchase of LVO and/or PodcastOne (PODC) shares; Anticipates an additional $2.5 – $5M in savings after cutting $5M From CPS Division. Robert Ellin, Chairman and CEO of LiveOne, commented, “LVO’s AI-driven platform revolutionizes the landscape for artists, influencers, and creators by empowering them to authentically connect brands with their super fans. With LVO’s Celebrity Brands Division algorithms, talent can spotlight products and brands that resonate with their artistic vision.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LVO:
- LiveOne (Nasdaq: LVO) Reports Over $11 Million in Current Cash Position After Repurchasing Approximately 1.3 Million Shares During Fiscal Year 2024
- LiveOne Schedules Q3 Results Webcast and Conference Call
- LiveOne price target raised to $3.50 from $3 at Alliance Global Partners
- LiveOne sees 2025 revenue $140M-$155M, consensus $145.75M
- LiveOne reports Q3 EPS (3c), consensus (2c)
