LiveOne (NASDAQ:LVO) Issues Earnings Results, Meets Expectations

LiveOne (NASDAQ:LVO) announced its earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03), Zacks reports.

LiveOne Price Performance

Shares of NASDAQ LVO traded down $0.17 during midday trading on Thursday, hitting $1.02. 690,390 shares of the company’s stock were exchanged, compared to its average volume of 634,361. The stock’s 50 day moving average price is $1.19 and its 200-day moving average price is $1.16. The firm has a market cap of $97.11 million, a P/E ratio of -10.15 and a beta of 1.57. LiveOne has a twelve month low of $0.56 and a twelve month high of $2.15.

LiveOne Company Profile

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.