LiveOne Sees FY24 Revenue $118.5M Vs $118.106M Est.
Portfolio Pulse from Benzinga Newsdesk
LiveOne projects its FY24 revenue to be $118.5 million, slightly above the estimated $118.106 million.
April 22, 2024 | 12:57 pm
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POSITIVE IMPACT
LiveOne's FY24 revenue projection slightly exceeds analyst estimates, indicating potential positive momentum.
Beating revenue estimates, even by a small margin, can positively influence investor sentiment and potentially lead to an uptick in stock price in the short term. This projection suggests LiveOne is on a path of steady growth, which could attract more investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100