Roth/MKM Reiterates Buy Rating on LiveOne Inc. (LVO)

Roth/MKM analyst Sean McGowan reiterated a Buy rating and $3.00 price target on LiveOne Inc. (NASDAQ: LVO).

The analyst comments "LVO's 4Q'24 results (for the quarter ended 03/31/24), beat our estimates and last year's numbers across the board, with the exception of Gross Margin, which was negatively impacted by the timing of revenue recognition. Overall the company continues to show improvement both on top line and bottom line, leveraging AI across its operations. FY'25 guidance points toward a 24.5% improvement in consolidated revenue at the midpoint of guidance and a +300 bps improvement in EBITDA margin."

For an analyst ratings summary and ratings history on LiveOne Inc. click here. For more ratings news on LiveOne Inc. click here.

Shares of LiveOne Inc. closed at $1.68 yesterday.

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