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Stock impact report

PodcastOne (NASDAQ: PODC) Reports Q2 Fiscal 2025 Financial Results; Revenue Increases 16% YoY to $12.2 Million

PodcastOne, Inc. (PODC) 
Company Research Source: GlobeNewswire
Expects Fiscal 2025 Revenues to Increase at Least 17% to at Least a Record $51.0 Million, Driving Expected Positive Adjusted EBITDA* in Fiscal 2025 LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading podcast platform and a subsidiary of LiveOne (Nasdaq: LVO), has reported its financial results for the fiscal second quarter ended September 30, 2024 (“Q2 Fiscal 2025”). Key Highlights: Revenue increased 16% to $12.2 millionRanked 12th in Podtrac’s Podcast Industry Top Publishers Rankings for September 2024 with a Unique Monthly Audience of 5.4 million in the U.S., 16.2 million global downloads and 188 exclusive podcastsLaunched several additional revenue streams, including PodcastOne Pro and paywalls on several top platformsSuccessfully completed its second sale of PodcastOne owned podcast to a major television networkExpects Fiscal 2025 revenues to increase at least 17% to at least a record $51.0 million; driving expected positive A Show less Read more
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