LiveOne Reports Q2 2027 Results with Improved EBITDA and Strategic AI Integration
LiveOne, Inc. (LVO) reported second-quarter results characterized by significant operational restructuring and improved profitability metrics despite a slight dip in quarterly revenue to $18 million. The company successfully reduced its workforce from 350 to 80 employees by leveraging artificial intelligence to maintain operations, contributing to an H1 consolidated adjusted EBITDA of $3.6 million—a $6.4 million improvement over the previous year. While management revised fiscal 2027 revenue guidance to a range of $70 million to $75 million due to shifting partner launch timelines, long-term outlook remains aggressive. The company is targeting $100 million in revenue for fiscal 2028 and over $250 million within 36 months, driven by major partnerships with entities like Amazon and Paramount, as well as a growing AI content licensing pipeline.