LiveOne Q2 EPS $(0.04), Same YoY, Sales $28.53M Miss $29.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
LiveOne (NASDAQ:LVO) reported Q2 losses of $(0.52) per share, a 1200% decrease YoY. Quarterly sales were $10.52M, missing the analyst consensus estimate of $29.26M by 64.06%, a 55.31% decrease YoY.
November 09, 2023 | 1:34 pm
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LiveOne reported a significant YoY decrease in Q2 earnings and sales, missing analyst estimates.
LiveOne's Q2 earnings report shows a significant increase in losses and a decrease in sales compared to the same period last year. The company also missed analyst estimates, which could negatively impact investor sentiment and the stock price in the short term.
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