LiveOne Sees Q4 2024 Revenue $30.3M Vs $30.566M Est.
Portfolio Pulse from Benzinga Newsdesk
LiveOne reported its Q4 2024 revenue to be $30.3 million, slightly below the estimated $30.566 million.
April 22, 2024 | 12:57 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
LiveOne's Q4 2024 revenue of $30.3 million falls short of the $30.566 million estimate, indicating a slight underperformance.
Missing revenue estimates, even by a small margin, can lead to negative investor sentiment in the short term. This underperformance, although slight, may cause concern among investors regarding LiveOne's ability to meet financial targets, potentially leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100