LiveXLive Media, Inc. (NASDAQ:LIVX) is set to announce second quarter earning results on Monday 16th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LIVX to report 2Q21 loss of $ 0.12 per share from revenue of $ 16.68 million.
For the full year, analysts anticipate top line of $ 64.07 million, while looking forward to loss of $ 0.46 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 62.50 million ~ $ 68.50 million
Click Here For More Historical Outlooks Of LiveXLive Media, Inc.
Previous Quarter Performance
LiveXLive Media, Inc. came out with loss for the first quarter of $ 0.13 per share, from the revenue of $ 10.51 million. The quarterly revenues grew 10.63 percent compared with the same quarter last year. Street analysts expected LiveXLive Media, Inc. to report loss of $ 0.11 per share on revenue of $ 11.32 million for the first quarter. The bottom line results missed street analysts by $ 0.02 or 18.18 percent, at the same time, top line results fell short of analysts by $ 0.81 million or 7.16 percent.
Stock Performance
On Friday, shares of LiveXLive Media, Inc. has traded high as $ 2.04 and has cracked $ 1.90 on the downward trend, reaching $ 2.00 with volume of 512.10 thousand shares.
According to the previous trading day, closing price of $ 2.00, representing a 166.67 % increase from the 52 week low of $ 0.72 and a 60.74 % decrease over the 52 week high of $ 4.89.
The company has a market capital of $ 143.61 million and is part of the Consumer Cyclical sector and Media – Diversified industry.
Conference Call
LiveXLive Media, Inc. will be hosting a conference call at 4:30 PM eastern time on 16th November 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, 844-746-0736 (United States) or 412-317-0796 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.livexlive.com
LiveXLive Media, Inc. engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content. The company operates LiveXLive, a live music streaming platform, as well as Slacker Radio, a streaming music service; and produces original music-related content.
