LiveXLive, which belongs to the Zacks Audio Video Production industry, posted revenues of $38.77 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 61.53%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.20, delivering a surprise of -66.67%. This quarterly report represents an earnings surprise of -20%. These figures are adjusted for non-recurring items.
This compares to loss of $0.13 per share a year ago. LiveXLive ( LIVX Quick Quote LIVX – Free Report) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10.
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