In a release issued under the headline "LiveOne (NASDAQ:LVO) Issues Updated Fiscal 2026 Guidance of $82M–$90M of Revenue and $5M–$10M of Adjusted EBITDA* (Excluding Corporate Overhead)" on Wednesday, April 29th by LiveOne (NASDAQ:LVO), please note that all references to Fiscal 2026 should have read Fiscal 2027. The corrected release follows:

LiveOne (NASDAQ:LVO) Issues Updated Fiscal 2027 Guidance of $82M–$90M of Revenue and $5M–$10M of Adjusted EBITDA* (Excluding Corporate Overhead)

  • Completes $15M+ of Payables Conversion at $7.50/Share
  • LVO Continues Share Repurchase Program with $5M+ Remaining

LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today updated revenue and Adjusted EBITDA* guidance for its fiscal year ended March 31, 2027 ("Fiscal 2027"), balance sheet improvements and expanded music partnerships.

LiveOne expects Fiscal 2027 revenue of $82M–$90M and Adjusted EBITDA* (excluding corporate overhead) of $5M–$10M. LiveOne also recently completed $15M+ of conversions of its payables into LiveOne's shares of common stock at a deemed issuance price of $7.50 per share, substantially strengthening its balance sheet.