LiveOne (LVO) Set to Announce Earnings on Thursday

LiveOne (NASDAQ:LVOGet Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, February 8th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

LiveOne (NASDAQ:LVOGet Free Report) last released its quarterly earnings results on Monday, November 20th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). The firm had revenue of $28.53 million for the quarter, compared to analyst estimates of $29.42 million. On average, analysts expect LiveOne to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LiveOne Trading Up 0.7 %

Shares of NASDAQ:LVO traded up $0.01 during trading on Monday, reaching $1.44. The stock had a trading volume of 57,353 shares, compared to its average volume of 188,240. LiveOne has a one year low of $0.76 and a one year high of $2.19. The company has a market capitalization of $131.29 million, a P/E ratio of -7.20 and a beta of 1.66. The firm’s 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.30.

Hedge Funds Weigh In On LiveOne

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp raised its position in LiveOne by 10.4% during the 1st quarter. Bank of New York Mellon Corp now owns 192,101 shares of the company’s stock worth $157,000 after buying an additional 18,070 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of LiveOne by 48.8% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,034,688 shares of the company’s stock valued at $844,000 after purchasing an additional 339,342 shares in the last quarter. Easterly Investment Partners LLC purchased a new position in shares of LiveOne during the 1st quarter valued at approximately $69,000. Goldman Sachs Group Inc. increased its holdings in shares of LiveOne by 123.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 144,693 shares of the company’s stock valued at $119,000 after purchasing an additional 80,055 shares in the last quarter. Finally, Mirabella Financial Services LLP purchased a new position in shares of LiveOne during the 1st quarter valued at approximately $26,000. 20.32% of the stock is owned by hedge funds and other institutional investors.

LiveOne Company Profile

(Get Free Report)

LiveOne, Inc, a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.

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Earnings History for LiveOne (NASDAQ:LVO)

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