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LIVX - LiveXLive raises FY22 revenue guidance to $107M-$115M
LiveXLive Media Inc.
LiveXLive Media (LIVX) revised FY22 revenue guidance to $107M to $115M (vs. $99.18M consensus), compared to the prior estimate range of $100M to 110M.Adjusted operating income is expected to be in the range of $5M to $10M from its core operations.The company raised the guidance on the back of ticket sales of upcoming events, sponsorships, expected return of live music events and growth in subscriptions, among other things. LIVX +2.81% premarket to $4.76Source: Press Release