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PCG Digital: LiveXLive Media Raises Guidance and Its Investor Presentations at Needham s and J.P. Morgan s Tech & Media Conferences
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th and the 26
th that will be attended by some of the biggest institutional investors, it will be very interesting to hear more about what is driving the company s growth. Last month, LIVX announced it was increasing its revenue guidance for the fiscal year ending March 31, 2022, to $100 million to $110 million with Adjusted Operating Income of $1.5 million to $3.0 million, which would be up from updated revenue guidance for the fiscal year ended March 31, 2021, of $64.5 million to $65.5 million. Intriguingly, this increased guidance does not even include any revenue from its live events business due to COVID-19. As vaccination rates climb and COVID cases decline, this could set LIVX up to raise guidance even further. Its upcoming Social Gloves live event in Miami has the potential to be a huge revenue driver for the company as its flywheel business
Plus, a massive run of b2b performances: RL Grime b2b Baauer,
Doctor P b2b Funtcase,
Adventure Club b2b Wooli,
4B b2b Valentino Khan,
Gettoblaster b2b DJ Godfather,
Qlank b2b Nostalgix and more.
Spring Awakening: Autumn Equinox returns to its home at Addams/Medill Park in Chicago over October 2 & 3. The festival joins other hotly anticipated events Lollapalooza, North Coast and ARC Festival as live music makes a strong comeback in the Windy City.
See the lineup below and grab your tickets here!
Spring Awakening: Autumn Equinox 2021 Lineup
Chicago festival season is stretching into October this year. The organizers of the Spring Awakening Music Festival announced Friday the electronic music event is slated for Oct. 2-3 at Addams/Medill Park in the Near West Side community.
Martin Garrix, Excision, Diplo, Galantis and RL Grime b2b Baauer top the lineup for what is being billed as the “Autumn Equinox” edition of the festival. LiveXLive’s React Presents promises more than 70 artists performing across four stages; new stage production; expanded interactive and immersive art installations; and carnival rides. Two-day passes start at $169, with tickets on sale at springawakeningfestival.com.