PodcastOne Posts Q4 Loss of $0.02, Beats Estimate by One Cent
PodcastOne reported a quarterly loss of $0.02 per share in Q4, beating the consensus estimate of a $0.03 loss and improving from a year-ago loss of $0.06 per share.
PodcastOne reported a quarterly loss of $0.02 per share for the fourth quarter, one cent better than the Zacks Consensus Estimate of a $0.03 loss [1]. The result also represented a 67 percent improvement from the company's $0.06 per-share loss in the same quarter a year ago [1].
The digital media company, which operates podcast networks and advertising platforms, narrowed its loss by four cents year-over-year. The beat against consensus came as PodcastOne managed operating expenses more tightly than analysts had modeled, though the materials provided do not detail revenue performance or segment-level trends.
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