LiveOne

Q1 FY2027 EarningsQ1 FY27 revenue missed consensus by 8.87%, primarily due to a 21% YoY decline in Paid User Services following a shift in the subsidy relationship with a key OEM customer. GAAP EPS of -$0.21 beat the -$0.235 expectation despite the top-line miss, aided by $2.2M in content licensing cost credits. Adjusted EBITDA surged to $4.3M, significantly exceeding expectations for an operating loss, driven by a 24% gross margin vs. the 19.3% consensus.