LiveOne (Nasdaq: LVO) Delivers Record Q1 Fiscal 2027 Results with $19.4 Million Revenue and $4.3 Million Adjusted EBITDA; PodcastOne Posts Record $16.1 Million Revenue

LOS ANGELES, Aug. 12, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today its financial results for the first quarter (“Q1 Fiscal 2027”) ended June 30, 2026. LiveOne will host a conference call and webcast today, August 12, 2026.

Financial Highlights * Q1 Fiscal 2027 Revenue: $19.4M * Q1 Fiscal 2027 Adjusted EBITDA*: $4.3M, a $6.1M improvement from prior year Q1 (or 338%) * Audio Division Q1 Fiscal 2027 Revenue: $18.6M, and record Adjusted EBITDA* of $6.3M * Increased cash by $3.3 million * Increased stockholders’ equity by $6.9 million * Reduced total liabilities by $5.5 million Operational Highlights * Expanded B2B partnerships with AT&T, Samsung, LG and VIZIO, adding to other Fortune 500 partners * PodcastOne reached a record #6 ranking on Podtrac, surpassing Disney and others, by expanding creator portfolio and content beyond the podcast feed through original programming and strategic partnerships * Accelerating AI initiatives across all subsidiaries * Expanding M&A pipeline and strategic acquisition opportunities across all subsidiaries LiveOne’s CEO and Chairman, Robert Ellin, stated, “We delivered year-over-year and sequential revenue growth during the quarter, while also achieving a substantial improvement in gross margin, reflecting the benefits of our AI initiatives and continued efforts to streamline operations,” said Robert Ellin, Chairman and CEO of LiveOne.