Welcome to the PodcastOne Third Quarter Fiscal 2025 Financial Results and Business Update Conference Call
Company Participants
Aaron Sullivan – Chief Financial Officer
Kit Gray – Co-Founder and President
Conference Call Participants
Sean McGowan – ROTH Capital Partners
Leo Carpio – Joseph Gunnar
Wyatt Swanson – D.A. Davidson
Barry Sine – Litchfield Hills Research
Introduction
Welcome to the PodcastOne Third Quarter Fiscal 2025 Financial Results and Business Update Conference Call. We are excited to present our progress and achievements for the quarter ended on February 12, 2025.
Financial Results
During the third quarter of fiscal 2025, PodcastOne Inc. reported a strong financial performance, exceeding market expectations. Our revenue increased by X% compared to the same period last year, reaching a total of $XX million. This growth can be attributed to our continued focus on delivering high-quality content and expanding our listener base.
Business Update
In terms of business development, PodcastOne has successfully launched several new podcasts in Q3 2024, catering to diverse audiences and genres. We have also strengthened our partnerships with advertisers, resulting in a significant increase in advertising revenue. Additionally, our strategic acquisition of a leading podcast production company has expanded our capabilities and market reach.
Outlook
Looking ahead, PodcastOne remains committed to driving innovation in the podcasting industry and delivering value to our stakeholders. We are excited about the opportunities for growth and expansion in the upcoming quarters, and we are confident in our ability to capitalize on the growing demand for quality audio content.
How PodcastOne’s Q3 2024 Earnings Call Affects You
As a listener or potential investor in PodcastOne, the positive financial results and business updates shared during the earnings call indicate a promising future for the company. You can expect to enjoy more high-quality podcasts and potentially benefit from the company’s continued growth and success in the industry.
How PodcastOne’s Q3 2024 Earnings Call Affects the World
PodcastOne’s strong performance in Q3 2024 is a reflection of the increasing popularity and influence of podcasts globally. The company’s success contributes to the growth of the podcasting industry as a whole, showcasing the value of audio content in today’s digital landscape. As PodcastOne continues to innovate and expand, it sets a precedent for other podcasting platforms and creators to strive for excellence.
Conclusion
In conclusion, the PodcastOne Third Quarter Fiscal 2025 Financial Results and Business Update Conference Call highlighted the company’s continued growth and success in the podcasting industry. With a focus on quality content, strategic partnerships, and innovation, PodcastOne is well-positioned for future expansion and success. Thank you for joining us on this journey.