CORRECTION: LiveOne Q2 EPS $(0.04), Same YoY, Sales $28.53M Miss $29.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
LiveOne reported Q2 earnings per share (EPS) of $(0.04), which is the same as the previous year. However, the company's sales of $28.53M fell short of the estimated $29.26M.
November 09, 2023 | 1:40 pm
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NEGATIVE IMPACT
LiveOne's Q2 earnings were in line with last year's, but sales missed estimates. This could potentially impact investor sentiment.
LiveOne's Q2 earnings were the same as last year's, indicating no growth in profitability. Additionally, the company's sales fell short of estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100