PodcastOne Forecasts Record FY26 Revenue Exceeding $61M, Adjusted EBITDA Over $6.3M, Up 1,476% YOY
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PodcastOne (PODC) anticipates record financial results for fiscal year 2026, projecting over $61 million in revenue and over $6.3 million in Adjusted EBITDA, marking a substantial 1,476% year-over-year increase. This strong guidance, also including Q4 FY2026 revenue exceeding $15 million and Adjusted EBITDA over $2.3 million, presents a positive outlook for the company. This news is particularly significant given that its parent company, LiveOne (LVO), recently reported a Q3 fiscal 2026 revenue decline and a "going concern" warning. The robust performance of its subsidiary, PodcastOne, could provide a material uplift to LiveOne's valuation, especially as LiveOne has increased its ownership in PODC to 19.3 million shares. Traders will closely monitor the actual reported results to validate this optimistic forecast.
At the time of this announcement, PODC was trading at $3.30 on NASDAQ in the Technology sector, with a market capitalization of approximately $90.7M. The 52-week trading range was $1.30 to $3.42. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.