LiveOne, Inc. reported its third quarter and nine-month fiscal 2026 financial results, with Q3 revenue of $20.3 million and Adjusted EBITDA of $1.6 million. The company also provided preliminary fiscal 2027 guidance for its Audio Division and announced expanded share repurchases.
Key takeaways
Q3 Fiscal 2026 revenue was $20.3 million, down from $29.5 million in Q3 Fiscal 2025 primarily due to reductions in Slacker revenues.
Q3 Fiscal 2026 Adjusted EBITDA was $1.6 million, compared to $1.5 million in Q3 Fiscal 2025.
Audio Division delivered Q3 revenue of $18.6 million and Adjusted EBITDA of $2.6 million.
AI-driven efficiencies reduced quarterly operating expenses by 52% year-over-year and streamlined staff from 350 to 88.
Management expanded share repurchases with approximately $6 million remaining under the current board-authorized buyback program.
Audio Division provided preliminary Fiscal 2027 guidance of $85-$95M+ revenue and $8-10M+ Adjusted EBITDA.