PodcastOne will host a virtual investor webinar on January 16, 2025, discussing business operations and future plans.
Quiver AI Summary
PodcastOne (NASDAQ: PODC) announced a virtual investor webinar scheduled for January 16, 2025, at 11:00 a.m. EST, where management will discuss the company's operations, strategic direction, and recent achievements, including expanding its programming to 194 shows and exceeding 3.8 billion downloads. The session will feature President Kit Gray, CFO Aaron Sullivan, and Vice Chairman Steve Lehman, and will include a question-and-answer segment. Interested parties can access the webinar via a provided webcast link or by dialing in. A playback of the presentation will be available until January 30, 2025. PodcastOne is a prominent podcast platform with a vast distribution network and a significant community of top podcasters.
Potential Positives
- Announcement of a virtual investor webinar shows transparency and proactive communication with investors and stakeholders.
- Highlighting significant business milestones, such as the expansion to 194 shows and surpassing 3.8 billion network downloads, signals strong growth and popularity in the podcasting space.
- Involvement of key executive management in the webinar enhances credibility and investor confidence regarding the company's strategic direction.
- The opportunity for a question-and-answer session indicates openness to investor inquiries and an emphasis on engagement.
Potential Negatives
- The announcement includes numerous forward-looking statements that highlight various risks and uncertainties impacting the company's future performance, which may concern investors about stability.
- There are potential unresolved issues regarding the company’s ability to continue as a going concern, raising questions about its long-term viability.
- The press release's mention of reliance on a major OEM customer for significant revenue could indicate vulnerability to changes in that relationship, impacting financial stability.
FAQ
What is the date and time of the PodcastOne investor webinar?
The PodcastOne investor webinar is scheduled for Thursday, January 16, 2025, at 11:00 a.m. Eastern Standard Time.
How can I access the PodcastOne investor webinar?
You can access the webinar via the webcast link or by dialing the toll-free number provided in the announcement.
Who will speak at the PodcastOne investor webinar?
PodcastOne's executive management including President Kit Gray, CFO Aaron Sullivan, and Vice Chairman Steve Lehman will present.
Will there be a question-and-answer session during the webinar?
Yes, the webinar will include a question-and-answer session following the management presentation.
How can I listen to a playback of the call after the event?
You can listen to the playback by calling 844-512-2921 in the U.S. or 412-317-6671 internationally, using the replay passcode.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PODC Insider Trading Activity
$PODC insiders have traded $PODC stock on the open market 20 times in the past 6 months. Of those trades, 20 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PODC stock by insiders over the last 6 months:
- ROBERT S ELLIN (Executive Chairman) has traded it 11 times. They made 11 purchases, buying 69,923 shares and 0 sales.
- D JONATHAN MERRIMAN has traded it 9 times. They made 9 purchases, buying 107,800 shares and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PODC Hedge Fund Activity
We have seen 7 institutional investors add shares of $PODC stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 28,505 shares (+inf%) to their portfolio in Q3 2024
- GEODE CAPITAL MANAGEMENT, LLC added 21,562 shares (+44.0%) to their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC removed 17,687 shares (-100.0%) from their portfolio in Q3 2024
- ROYAL BANK OF CANADA added 17,598 shares (+24106.8%) to their portfolio in Q3 2024
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 15,912 shares (+inf%) to their portfolio in Q3 2024
- UBS GROUP AG removed 12,727 shares (-60.1%) from their portfolio in Q3 2024
- TOWER RESEARCH CAPITAL LLC (TRC) removed 3,283 shares (-94.1%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Please Join Management for an Interactive Presentation with Question-and-Answer Session
LOS ANGELES, Dec. 31, 2024 (GLOBE NEWSWIRE) --
PodcastOne
(NASDAQ: PODC), a leading publisher and podcast sales network, announced today that it will hold a virtual investor webinar to discuss its business operations and recent successes. The event is open to all interested investors and stakeholders.
PodcastOne executive management including President Kit Gray, Chief Financial Officer Aaron Sullivan, and Vice Chairman Steve Lehman will provide an overview of the business, discuss its strategic direction, and highlight the momentum behind the recent expansion of the programming slate to 194 shows and surpassing 3.8 billion network downloads.
The webinar will include the management presentation followed by a question-and-answer session, which can be accessed via the webcast link or dial-in numbers below.
Date:
Thursday, January 16, 2025
Time:
11:00 a.m. Eastern Standard Time
U.S. Dial-In (Toll Free):
877-407-0779
International Dial-In:
201-389-0914
Webcast Registration:
PodcastOne, Inc. Virtual Investor Webcast
Please join at least five minutes before the start of the call to ensure timely participation.
A playback of the call will be available through January 30, 2025. To listen, please call 844-512-2921 within the United States or 412-317-6671 when calling internationally, using replay passcode 13750831.
About PodcastOne
PodcastOne
(NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a full 360-degree solution in sales, marketing, public relations, production and distribution. PodcastOne has over 3.5 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&E's Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion listeners a month across all channels, including its majority shareholder, LiveOne (NASDAQ:
LVO
), as well as Spotify, Apple Podcasts, iHeartRadio, Samsung and over 150 shows exclusively available in Tesla vehicles. PodcastOne is also the parent company of
LaunchpadOne
, an innovative self-serve platform developed to launch, host, distribute and monetize independent user-generated podcasts. For more information, visit
www.podcastone.com
and follow us on
Facebook
,
Instagram
,
YouTube
and
X
at @podcastone.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s and PodcastOne’s ability to consummate any proposed financing, acquisition, merger, distribution or other transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne’s ability to continue as a going concern; PodcastOne’s ability to attract, maintain and increase the number of its listeners; PodcastOne identifying, acquiring, securing and developing content; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other covenants; PodcastOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to extend and/or refinance its indebtedness and/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and/or LiveOne’s other subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in PodcastOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2024, PodcastOne’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024, filed with the SEC on November 14, 2024, and in PodcastOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and PodcastOne disclaims any obligation to update these statements, except as may be required by law. PodcastOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
IR Contact
Chris Donovan
914-352-5853
PODC@mzgroup.us
Press Contacts
:
310.246.4600
Susan@Guttmanpr.com
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