LiveWorld Reports Third Quarter 2024 Financial Results
LIVEWORLD INC (LVWD)
NASDAQ:AMEX Investor Relations:
liveworld.com/about-us/investor-relations
Company Research
Source: Business Wire
CAMPBELL, Calif. & NEW YORK--(BUSINESS WIRE)--LiveWorld, Inc. (OTC Markets: LVWD), today announced financial results for the third quarter 2024.Q3 2024 Financial and Business HighlightsTotal three months revenues of $3.1 million, a 13% growth rate from last yearHealthcare revenues of $2.6 million in Q3 2024, a 17% growth rate from last yearNet income from operations of $291,000 an improvement of $245,000 from last yearCash increased by $1.5 million to $6.2 million from December 31, 2023Management Commentary“In the third quarter we began to see our investment efforts start to pay off, with our total revenues growing from $2.8 million in the third quarter of 2023 to $3.1 million for the same period this year, or 13%. As a result, we saw a material improvement in our bottom line from approximately $46,000 to $291,000 for the period,” remarked David Houston, Chief Financial Officer of LiveWorld. “As we continue to invest for the future, we expect the second half of 2024 to be material
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