LiveWorld reports Q2 financial results

LiveWorld, Inc. (OTC Markets: LVWD), has announced financial results for the second quarter of 2018, the company said.

Total revenues were approximately USD 1.7 million for the second quarter, as compared to the approximately USD 2.5 million in total revenues reported for the same period in 2017. This represented a reduction in total revenues of USD 809,000 period over period or 32%.

The company´s revenues for the six months ended June 30, 2018 were approximately USD 4.1 million, as compared to the USD 4.9 million for the six months ended June 30, 2017. This represents a reduction of USD 807,000 period over period or 16%.

The company reported a net loss for the quarter of approximately USD 358,000, or 20% of total revenues. This compares to net loss of approximately USD 494,000, or 20% of total revenues reported for the second quarter of 2017.

The company had a net loss for the six months ended June 30, 2018 of approximately USD 490,000, or 11% of total revenues, as compared to the net loss of approximately USD 808,000, or 16% of total revenues for the six months ended June 30, 2017.

LiveWorld is headquartered in San Jose, California, with an additional office in New York City. Learn more at www.liveworld.com and @LiveWorld.