2025 Allstate America’s Best Drivers Report® reveals the safest and riskiest driving cities

PR Newswire


Texas tops the safety charts, the Pacific Northwest makes big gains, and Boston returns as America’s riskiest driving city in Allstate’s 17th annual report.


NORTHBROOK, Ill.
, June 18, 2025 /PRNewswire/ — The 2025 Allstate America’s Best Drivers Report reveals thatTexas leads the nation in safe driving, with four cities in the top 20, including Brownsville, which reclaims its title as the safest driving city in America. Meanwhile, Boston is once again the most collision-prone city in the nation, where drivers are nearly 3.5 times as likely to be in a collision compared to the national average.

First launched in 2005, this year’s Allstate America’s Best Drivers Report revisits collision data published a decade ago to reveal surprising shifts in driving safety across the country, just as Americans prepare for another busy summer on the roads.

“No matter where you drive, the best way to protect yourself and others is simple: buckle up, stay focused and slow down,” said Sandee Lindorfer, vice president of auto claims at Allstate. “These are three of the most effective ways to prevent crashes, and they cost nothing but attention.”


Driving by the numbers: What the data reveals


East Coast or West Coast: Which is riskier?

  • Seven of the 10 cities with the highest collision rates are located in the Northeast, including Boston, Washington, D.C., Baltimore and Philadelphia.
  • But don’t count out the West Coast: Los Angeles, Glendale and Oakland, California, round out the 10 riskiest cities for drivers.


Everything’s bigger – and safer – in Texas

  • Brownsville, Texas, is the safest driving city in America, with Laredo, McAllen and Corpus Christi also landing in the top 20.
  • Across the state, 21 cities, including major metros such as Austin, Fort Worth, Houston and Dallas, have climbed the ranks over the past decade. 


The Pacific Northwest gets a glow-up

  • Drivers in Washington, Oregon and Alaska are safer behind the wheel than they were a decade ago, with some of the largest reductions in collisions nationwide.
  • Bellevue, Washington, leads the way, climbing 133 spots since 2015 to earn the title of most improved city. Other Northwest cities making significant strides include Anchorage, Alaska, and Portland, Oregon.


Midwest “nice” hits a speed bump

  • Several Midwestern cities have experienced significant declines in safe driving since 2015.
  • St. Louis saw the steepest drop, falling 90 spots to No. 175. Des Moines, Iowa, dropped 89 places to No. 108, and Kansas City, Missouri, slid 84 spots to No. 101.  
  • Other cities following this downward trend include Sioux Falls, South Dakota; Minneapolis; Cleveland; Omaha, Nebraska; and Indianapolis.


Collision rates climb in America’s riskiest cities

  • While the average city has seen a modest decline in collisions since 2015, the gap between the safest and riskiest cities is widening.
  • Several cities among the 50 most collision-prone cities have seen more than a 25% increase in crash rates since 2015, underscoring a growing divide in road safety.



Top 10 Safest Cities



Top 10 Riskiest Cities



2025
Ranking




City



Relative Collision
Likelihood (to




National Avg.)



2025



Ranking



City



Relative Collision



 Likelihood (to



National Avg.)

1

Brownsville, TX

-25.9 %

200

Boston, MA

244.00 %

2

Boise, ID

-24.1 %

199

Washington, DC

172.40 %

3

Fort Collins, CO

-21.0 %

198

Baltimore, MD

153.10 %

4

Cary, NC

-18.3 %

197

Worcester, MA

147.60 %

5

Laredo, TX

-17.7 %

196

Springfield, MA

130.80 %

6

Olathe, KS

-17.3 %

195

Glendale, CA

96.40 %

7

Scottsdale, AZ

-17.1 %

194

Los Angeles, CA

88.90 %

8

Port St. Lucie, FL

-15.3 %

193

Oakland, CA

83.70 %

9

Madison, WI

-14.5 %

192

Providence, RI

79.70 %

10

Eugene, OR

-14.0 %

191

Philadelphia, PA

78.30 %


How to stay safe and save on the road this summer

No matter where your city ranks, Allstate offers smart ways to stay protected and cut costs wherever you go.

  • Stick to the speed limit and drive safely. It sounds simple, but it pays off. Avoiding violations and accidents for several months can earn safe driving discounts.
  • Use a safe driving app. Programs like Allstate’s Drivewise, available in the Allstate mobile app, reward smooth driving habits like safe speeds, gentle braking and staying off your phone. It personalizes your rate based on real-time behavior, and people who use Drivewise are 25% less likely to have a severe collision compared to those who do not.
  • Consider cars with strong safety features. Cars with airbags, anti-lock brakes, advanced driver aids and factory-installed anti-theft systems offer greater protection and reduce the risk of accidents and theft – benefits that may also translate into insurance savings.
  • Set young drivers up for success. Young drivers under 25 can save by completing an approved driver ed program or maintaining good grades – proof that preparation and responsibility pay off.

Find more safety tips and ways to save before hitting the road this summer at Allstate.com/Best-Drivers. Curious how your city ranked? Check out the full list in Allstate’s 2025 America’s Best Drivers Report below.



Allstate’s 2025 America’s Best Drivers Report



Allstate Claims Data, 2022-2023



2025



America’s 



Best Drivers



Report



Ranking



City



Average



Years



 Between



Collisions



Relative



 Collision



Likelihood (to



National Avg.)



2015 Rank



Change from



 2015 to 2025

1

Brownsville, TX

14.24

-25.9 %

2

+1

2

Boise, ID

13.90

-24.1 %

3

+1

3

Fort Collins, CO

13.36

-21.0 %

4

+1

4

Cary, NC

12.91

-18.3 %

10

+6

5

Laredo, TX

12.83

-17.7 %

8

-3

6

Olathe, KS

12.77

-17.3 %

14

+8

7

Scottsdale, AZ

12.74

-17.1 %

39

+32

8

Port St. Lucie, FL

12.46

-15.3 %

18

+10

9

Madison, WI

12.35

-14.5 %

6

-3

10

Eugene, OR

12.27

-14.0 %

35

+25

11

McAllen, TX

12.13

-12.9 %

36

+25

12

Huntsville, AL

11.97

-11.8 %

9

-3

13

Fayetteville, NC

11.74

-10.1 %

90

+77

14

Cape Coral, FL

11.63

-9.2 %

5

-9

15

Overland Park, KS

11.59

-8.9 %

32

+17

16

Gainesville, FL

11.55

-8.6 %



NEW ADDITION

17

Knoxville, TN

11.53

-8.4 %

29

+12

18

Roseville, CA

11.39

-7.3 %



NEW ADDITION

19

Chattanooga, TN

11.39

-7.3 %

51

+32

20

Corpus Christi, TX

11.23

-6.0 %

58

+38

21

Gilbert, AZ

11.20

-5.8 %

33

+12

22

Lakewood, CO

11.19

-5.6 %

24

+2

23

Colorado Springs, CO

11.10

-4.9 %

16

-7

24

Lexington, KY

11.01

-4.1 %

31

+7

25

St. Petersburg, FL

10.95

-3.6 %

52

+27

26

Chandler, AZ

10.94

-3.6 %

28

+2

27

Orlando, FL

10.94

-3.5 %

75

+48

28

Amarillo, TX

10.88

-3.0 %

23

-5

29

Jackson, MS

10.84

-2.6 %

114

+85

30

Thornton, CO

10.81

-2.4 %



NEW ADDITION

31

Jacksonville, FL

10.81

-2.3 %

43

+12

32

Anchorage, AK

10.78

-2.1 %

127

+95

33

Chesapeake, VA

10.75

-1.8 %

56

+23

34

Greensboro, NC

10.74

-1.7 %

72

+38

35

Mesa, AZ

10.72

-1.5 %

27

-8

36

Rockford, IL

10.69

-1.3 %

46

+10

37

Tallahassee, FL

10.68

-1.1 %

40

-3

38

El Paso, TX

10.66

-0.9 %

50

+12

39

Naperville, IL

10.65

-0.8 %

100

+61

40

Durham, NC

10.60

-0.5 %

91

+51

41

Bellevue, WA

10.58

-0.3 %

174

+133

42

Lincoln, NE

10.57

-0.1 %

21

-21

43

Winston-Salem, NC

10.55

0.1 %

38

-5

44

Kansas City, KS

10.55

0.1 %

1

-43

45

Lubbock, TX

10.53

0.2 %

53

+8

46

Virginia Beach, VA

10.46

1.0 %

93

+47

47

Fort Lauderdale, FL

10.43

1.2 %

73

+26

48

Springfield, MO

10.39

1.6 %

15

-33

49

Shreveport, LA

10.36

1.9 %

87

+38

50

Peoria, AZ

10.32

2.2 %

30

-20

51

Vancouver, WA

10.32

2.3 %

94

+43

52

Pembroke Pines, FL

10.30

2.5 %

111

+59

53

Fort Wayne, IN

10.30

2.5 %

22

-31

54

Salem, OR

10.25

2.9 %

120

+66

55

Birmingham, AL

10.24

3.1 %

20

-35

56

Wichita, KS

10.24

3.1 %

11

-45

57

Akron, OH

10.23

3.2 %

54

-3

58

Columbus, GA

10.20

3.5 %

76

+18

59

Milwaukee, WI

10.17

3.8 %

45

-14

60

Raleigh, NC

10.13

4.2 %

77

+17

61

Montgomery, AL

10.11

4.4 %

13

-48

62

Clarksville, TN

10.11

4.4 %

67

+5

63

Oklahoma City, OK

10.06

5.0 %

89

+26

64

Reno, NV

10.04

5.1 %

12

-52

65

Mobile, AL

10.00

5.6 %

25

-40

66

Aurora, IL

9.95

6.1 %

65

-1

67

Surprise, AZ

9.91

6.5 %



NEW ADDITION

68

Tampa, FL

9.90

6.6 %

131

+63

69

Toledo, OH

9.86

7.0 %

48

-21

70

Tulsa, OK

9.83

7.4 %

62

-8

71

Tucson, AZ

9.83

7.4 %

37

-34

72

Miami, FL

9.73

8.5 %

147

+75

73

Spokane, WA

9.73

8.5 %

64

-9

74

Killeen, TX

9.67

9.2 %

135

+61

75

Honolulu, HI

9.66

9.3 %

150

+75

76

Visalia, CA

9.66

9.3 %



NEW ADDITION

77

Little Rock, AR

9.58

10.2 %

130

+53

78

Joliet, IL

9.56

10.4 %

55

-23

89

Pasadena, TX

9.50

11.2 %

99

+20

80

Murfreesboro, TN

9.50

11.2 %



NEW ADDITION

81

Elk Grove, CA

9.49

11.3 %

78

-3

82

Hollywood, FL

9.48

11.4 %

141

+59

83

Chula Vista, CA

9.47

11.4 %

112

+29

84

Louisville, KY

9.40

12.3 %

69

-15

85

Augusta, GA

9.37

12.7 %

82

-3

86

Albuquerque, NM

9.36

12.8 %

109

+23

87

Hialeah, FL

9.34

13.0 %

125

+38

88

Memphis, TN

9.34

13.1 %

96

+8

89

Macon, GA

9.33

13.1 %



NEW ADDITION

90

Bakersfield, CA

9.27

13.9 %

86

-4

91

Oxnard, CA

9.22

14.4 %

80

-11

92

Henderson, NV

9.17

15.1 %

57

-35

93

Charleston, SC

9.16

15.2 %

122

+29

94

Salt Lake City, UT

9.16

15.2 %

74

-20

95

Frisco, TX

9.13

15.6 %

146

+51

96

Omaha, NE

9.12

15.7 %

26

-70

97

Newport News, VA

9.11

15.9 %

49

-48

98

Jersey City, NJ

9.05

16.7 %

136

+38

99

Charlotte, NC

9.02

17.1 %

142

+43

100

Seattle, WA

9.00

17.3 %

184

+84

101

Kansas City, MO

8.98

17.5 %

17

-84

102

Portland, OR

8.97

17.7 %

183

+81

103

Huntington Beach, CA

8.91

18.5 %

103

0

104

Oceanside, CA

8.88

18.9 %

126

+22

105

Columbia, SC

8.88

18.9 %

149

+44

106

Salinas, CA

8.84

19.3 %

59

-47

107

Nashville, TN

8.84

19.4 %

83

+24

108

Des Moines, IA

8.83

19.6 %

19

-89

109

Rancho Cucamonga, CA

8.83

19.6 %

66

-43

110

Tacoma, WA

8.81

19.9 %

164

+54

111

Santa Rosa, CA

8.80

19.9 %

104

-7

112

Waco, TX

8.71

21.2 %

106

-6

113

Grand Prairie, TX

8.69

21.4 %

171

+58

114

Sunnyvale, CA

8.68

21.6 %

169

+55

115

Phoenix, AZ

8.65

22.1 %

63

-52

116

Fremont, CA

8.64

22.1 %

172

+56

117

San Diego, CA

8.62

22.5 %

123

-6

118

McKinney, TX

8.59

22.8 %

154

+36

119

Tempe, AZ

8.57

23.2 %

47

-72

120

Escondido, CA

8.56

23.3 %

105

-15

121

Corona, CA

8.55

23.4 %

132

+11

122

Plano, TX

8.54

23.7 %

163

+41

123

Denton, TX

8.51

24.0 %



NEW ADDITION

124

Lancaster, CA

8.33

26.8 %

44

-80

125

Sioux Falls, SD

8.32

26.9 %

42

-83

126

Indianapolis, IN

8.31

27.0 %

60

-66

127

Denver, CO

8.28

27.5 %

84

-43

128

Fort Worth, TX

8.27

27.7 %

153

+25

129

San Antonio, TX

8.21

28.5 %

137

+8

130

Aurora, CO

8.17

29.3 %

118

-12

131

Palmdale, CA

8.16

29.4 %

68

-63

132

Riverside, CA

8.16

29.4 %

124

-8

133

Fontana, CA

8.15

29.6 %

97

-36

134

Irving, TX

8.14

29.6 %

182

+48

135

Austin, TX

8.13

29.9 %

166

+31

136

Fresno, CA

8.13

29.9 %

98

-38

137

Santa Clarita, CA

8.11

30.1 %

108

-29

138

Glendale, AZ

8.07

30.8 %

61

-77

139

Norfolk, VA

8.00

31.9 %

138

-1

140

New York, NY

7.99

32.0 %

151

+11

141

Columbus, OH

7.94

33.0 %

119

-22

142

Detroit, MI

7.92

33.3 %

110

-32

143

Arlington, TX

7.90

33.6 %

175

+32

144

San Jose, CA

7.88

34.0 %

165

+21

145

Ontario, CA

7.86

34.4 %

79

-66

146

Cleveland, OH

7.85

34.4 %

70

-76

147

Arlington, VA

7.81

35.2 %

175

+28

148

Rochester, NY

7.80

35.3 %

152

+4

149

Pomona, CA

7.80

35.3 %

101

-48

150

Modesto, CA

7.79

35.5 %

107

-43

151

Mesquite, TX

7.79

35.6 %

162

+11

152

Moreno Valley, CA

7.77

35.8 %

92

-60

153

Stockton, CA

7.77

35.8 %

117

-36

154

Houston, TX

7.75

36.1 %

170

+16

155

Buffalo, NY

7.74

36.4 %

157

+2

156

Chicago, IL

7.69

37.2 %

134

-22

157

Cincinnati, OH

7.69

37.3 %

160

+3

158

Savannah, GA

7.67

37.6 %

143

-15

159

Baton Rouge, LA

7.66

37.8 %

145

-14

160

Minneapolis, MN

7.63

38.4 %

81

-79

161

Richmond, VA

7.58

39.2 %

88

-73

162

Hayward, CA

7.57

39.5 %

156

-6

163

Yonkers, NY

7.49

40.9 %

155

-8

164

San Bernardino, CA

7.48

41.1 %

102

-62

165

Dallas, TX

7.47

41.4 %

177

+12

166

Enterprise, NV

7.46

41.6 %



NEW ADDITION

167

Paterson, NJ

7.44

41.8 %

180

+13

168

New Orleans, LA

7.44

41.9 %

158

-10

169

Irvine, CA

7.43

42.0 %

159

-10

170

Garland, TX

7.41

42.4 %

181

+11

171

Pittsburgh, PA

7.36

43.3 %

185

+14

172

St. Paul, MN

7.35

43.6 %

121

-51

173

Syracuse, NY

7.30

44.5 %

133

-40

174

Las Vegas, NV

7.18

47.0 %

113

-61

175

St. Louis, MO

7.09

48.8 %

85

-90

176

Santa Ana, CA

7.01

50.6 %

139

-37

177

Sacramento, CA

7.00

50.7 %

115

-62

178

San Francisco, CA

6.86

53.8 %

193

+15

179

Spring Valley, NV

6.84

54.4 %

156

-23

180

Newark, NJ

6.82

54.7 %

168

-12

181

Anaheim, CA

6.79

55.4 %

173

-8

182

Garden Grove, CA

6.79

55.6 %

186

+4

183

Long Beach, CA

6.65

58.6 %

148

-35

184

Paradise, NV

6.55

61.1 %



NEW ADDITION

185

North Las Vegas, NV

6.53

61.7 %

128

-57

186

Bridgeport, CT

6.42

64.5 %

187

+1

187

Grand Rapids, MI

6.41

64.7 %

140

-47

188

Alexandria, VA

6.32

67.0 %

190

+2

189

Atlanta, GA

6.31

67.4 %

179

-10

190

Sunrise Manor, NV

5.96

77.0 %



NEW ADDITION

191

Philadelphia, PA

5.92

78.3 %

192

+1

192

Providence, RI

5.87

79.7 %

195

+3

193

Oakland, CA

5.75

83.7 %

188

-5

194

Los Angeles, CA

5.59

88.9 %

191

-3

195

Glendale, CA

5.37

96.4 %

194

-1

196

Springfield, MA

4.57

130.8 %

196

0

197

Worcester, MA

4.26

147.6 %

199

+2

198

Baltimore, MD

4.17

153.1 %

198

0

199

Washington, DC

3.87

172.4 %

197

-2

200

Boston, MA

3.07

244.0 %

200

0

Methodology

The Allstate America’s Best Drivers Report is the result of an in-depth examination of company auto claims data to determine the likelihood drivers in America’s 200 most populous cities will experience a vehicle collision compared to the national average. According to Allstate claims data, the average driver in the U.S will experience a collision once every 10.56 years. This year, Allstate researchers analyzed property and collision damage claims reported during the two-year period of January 2022 to December 2023. The report defines a collision as any auto crash resulting in a property or collision damage claim and uses U.S. Census Bureau data to determine America’s 200 largest cities. Allstate’s auto policies represent approximately 10% of all U.S. auto policies, making this report a realistic snapshot of what is happening on America’s roadways. The Allstate America’s Best Drivers Report is produced solely to boost the country’s discussion about safe driving and to increase awareness of the importance of being safe and attentive behind the wheel. The report is not used to determine auto insurance rates.

About Allstate

The Allstate Corporation (NYSE: ALL) protects people from life’s uncertainties with a wide array of protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate is widely known for the slogan “You’re in Good Hands with Allstate.” For more information, visit www.allstate.com.

Contact:
Allstate Media Team
[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/2025-allstate-americas-best-drivers-report-reveals-the-safest-and-riskiest-driving-cities-302484810.html

SOURCE Allstate

Smarter Support, Quicker Fixes: Cognizant Partners with Google Cloud to Rethink Customer Service with AI

PR Newswire

By pairing generative AI with human support in contact center operations, the collaboration aims to improve customer satisfaction, accelerate support, and drive smarter interactions across digital and voice channels – for consumers and enterprise clients.


TEANECK, N.J.
, June 18, 2025 /PRNewswire/ — Cognizant (NASDAQ: CTSH), in partnership with Google Cloud, has launched Cognizant® Autonomous Customer Engagement, a new AI-led autonomous contact center solution, built to deliver hyper-personalized customer experiences across every stage of the order journey, across industries. This solution fuses Cognizant’s deep expertise in industry-specific processes and contact center operations with the advanced intelligence of Google Cloud’s Customer Engagement Suite, to deliver interactions that are customized, intuitive and responsive.

The solution utilizes advanced AI agents1 to anticipate customer demands as well as address requests in real-time across both voice and digital channels. By employing Google Cloud Voice AI’s natural language processing and machine learning, Cognizant Autonomous Customer Engagement is built to accurately understand and respond to user requests in order to provide quicker resolutions, shorter wait times, and reduced operational costs.

“Consumers are increasingly looking for seamless and positive experiences, and Cognizant’s Autonomous Customer Engagement solution focuses on delivering personalized guest interactions at scale,” said Sandeep Bhasin, global head, health sciences, consumer goods and retail, Intuitive Operations and Automation, Cognizant. “Through this innovative partnership with Google Cloud, Cognizant aims to significantly enhance customer experience through a dynamic combination of AI and human agents, backed by Cognizant’s deep business process expertise.”

Unlike traditional automation solutions, Cognizant Autonomous Customer Engagement takes an AI-first with human assist approach, where virtual agents handle most customer interactions autonomously, managing routine interactions with accuracy, and engaging customers with natural, dynamic conversations, in line with parameters and objectives defined by the client. In scenarios requiring nuanced decision-making or emotional intelligence, human agents would be able to intervene and solve customer challenges with seamless continuity. Furthermore, analytics and dynamic learning are intended to facilitate cross-selling by enabling agents to anticipate and address customer needs proactively.

One early adopter of the Cognizant Autonomous Customer Engagement solution in the food services industry is already seeing significant progress in delivering frictionless customer experience, alongside reductions in call abandonment, operational costs and increased first-contact resolution rates. The platform’s ability to scale AI-driven conversations while keeping human intervention targeted and strategic aims to set a new benchmark for contact center efficiency.

“Enterprises can utilize agentic AI to fundamentally improve customer support, enhancing speed and personalization while improving operational efficiency,” said Victor Morales, VP of Global System Integrators Partnerships, Google Cloud. “Our partnership with Cognizant will help deliver a new generation of support experiences that provide the high-quality, personalized outcomes that customers expect.” 

Cognizant Autonomous Customer Engagement offers organizations across industries a variety of features, including:

  • Omnichannel support, integrating voice, chat, and messaging into a single AI-powered platform.
     
  • Continuous learning to help ensure that AI models evolve with each interaction, improving accuracy and contextual understanding of the customer over time.
     
  • Enterprise-grade scalability to support organizations of all sizes with near-seamless cloud deployment and integration capabilities.
     
  • Industry-leading data privacy and security infrastructure, built on Google Cloud, with end-to-end encryption, robust threat detection, and designed to comply with global regulatory standards.
     
  • Integrated transaction management with existing systems of record and customization capabilities to address localized product offerings and customer preferences – designed to increase precision and reduce on-call time.
     
  • Predictive and prescriptive analytics built to anticipate needs and maximize revenue generation. For example, in retail, leveraging customer loyalty data, demographic data, and real-time consumption trends, retailers may proactively provide personalized options to customers while maximizing order revenue.
     
  • A next-gen cloud-based telephony platform, enabling global customer support delivery, helping to reduce costs and allowing for reinvestment into improving in-house guest experiences.
     
  • Future-ready extensibility with Google Cloud’s AgentSpace: Cognizant Autonomous Customer Engagement is designed with extensibility in mind. Future iterations could integrate with AgentSpace to capitalize on its robust ecosystem of out-of-the-box and custom AI agents, and connectors, enabling integration with enterprise platforms compatible with the Agent2Agent (A2A) protocol.

“Generative AI, paired with real-time analytics, is unlocking a new era of customer operations,” said David Rickard, Partner at Everest Group. “For businesses, this means lower costs through automation and smarter resource allocation. For customers, it translates into faster, more personalized, and more natural interactions. Solutions like Cognizant’s Autonomous Customer Engagement are designed to intelligently incorporate AI to enhance the human touch to deliver experiences that are effective, efficient and empathetic.”

For more information visit Cognizant Autonomous Customer Engagement.

About Cognizant


Cognizant (Nasdaq: CTSH)
 engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Name Ben Gorelick

Email [email protected] 

Europe / APAC

Name Christina Schneider

Email [email protected] 

India

Name Rashmi Vasisht

Email [email protected] 

1 These AI agents are fundamentally shaped and governed by the client’s strategic direction, data inputs, and compliance frameworks. While the client retains primary responsibility for defining the agents’ objectives, ethical parameters, and operational scope, Cognizant serves as a trusted implementation partner, bringing those directives to life through expert design, deployment, and optimization, in alignment with the client’s established oversight and priorities.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/smarter-support-quicker-fixes-cognizant-partners-with-google-cloud-to-rethink-customer-service-with-ai-302484358.html

SOURCE Cognizant Technology Solutions

Lockheed Martin Unveils Groundbreaking C-130J Super Hercules Performance Results

PR Newswire


PARIS
, June 18, 2025 /PRNewswire/ — Lockheed Martin [NYSE: LMT] continues to revolutionize the future of tactical airlift with the C-130J Super Hercules and today announced a major breakthrough in wing structure testing that greatly exceeded expectations, by validating the extended wing life of the C-130J and structural superiority of the center wing box.

After a rigorous testing program, the C-130J’s wing structure has proven to offer nearly 40% more lifespan compared to initial estimates and nearly twice the specification design life.

The test result demonstrated a significant extension of the wing’s service life, from an estimated 90,000 Equivalent Flight Hours to an expected 122,500 Equivalent Flight Hours, solidifying the C-130J’s position as the most capable and reliable tactical airlifter in the world and validated the aircraft’s durability to operate in challenging operational environments well into the future.

In 2009, Lockheed Martin incorporated an Enhanced Service Life (ESL) center wing box into all new production C-130Js to extend the operational life of the aircraft. The center wing box, or mounting surface for the wings, determines structural soundness of the aircraft. The ESL wing was designed to extend the operational life of an aircraft more than double the original wing’s 45,000 Equivalent Flight Hour service life, potentially extending the Super Hercules’ lifespan by decades.

The recent testing program, initiated and funded by the U.S. Air Force and the Royal Canadian Air Force, pushed the wing to its limits by simulating the stresses and strains of real-world flying conditions. The U.S. Air Force provided a C-130 ESL center wing, two outer wings and a center fuselage for the Wing Durability Test (WDT). After several years of testing, the WDT results exceeded expectations and validated the C-130J wing life to be an astounding 122,500 Equivalent Flight Hours.

“With this groundbreaking test result, we’re redefining the boundaries of what’s possible for the C-130J Super Hercules,” said Rod McLean, vice president and general manager of the Air Mobility & Maritime Missions line of business at Lockheed Martin Aeronautics. “Already proven in challenging operational environments, the structural durability test validated the C-130J as the standard for exceptional reliability, safety and excellence in any environment. It is built to deliver performance and built to last.”

The Super Hercules is the worldwide choice in tactical airlift, serving 28 operators in 23 nations. To date, more than 560 C-130Js have been delivered and certified by over 20 airworthiness authorities, with the Super Hercules global fleet surpassing 3 million flight hours. Learn more about the C-130 at www.lockheedmartin.com/C130.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com

 

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SOURCE Lockheed Martin Aeronautics

Driving Innovation in CTE: Upper Bucks County Technical School and Patrick Chrinko Named zSpace School and Educator of Distinction

SAN JOSE, Calif., June 18, 2025 (GLOBE NEWSWIRE) — zSpace (NASDAQ: ZSPC) (“”zSpace” or the “Company”), a leading provider of augmented and virtual reality solutions for education, today announced that Upper Bucks County Technical School (UBCTS) has been named a zSpace School of Distinction, and automotive instructor Patrick Chrinko recognized as a zSpace educator of Distinction for their leadership in integrating immersive technology into career and technical education (CTE). The honors reflect UBCTS’s innovative use of AR/VR to enhance student engagement and workforce readiness.

This honor highlights a bold initiative launched in 2020, when UBCTS Executive Director Dr. Michael Herrera introduced zSpace’s AR/VR platform to combat learning loss during the pandemic and reimagine hands-on learning for hybrid and remote environments.

“When schools shut down in 2020, we didn’t just adapt—we accelerated,” said Dr. Herrera. “We knew immersive, interactive technology would be key to sustaining student learning in CTE. zSpace allowed us to keep students engaged, safe, and progressing toward real careers—even during a global crisis.”

Transforming Automotive Education Through AR/VR

While Dr. Herrera set the strategic vision, instructor Patrick Chrinko brought it to life. A leader in immersive instruction, Chrinko transformed the school’s automotive lab into an interactive learning environment where students engage with complex systems—like engine mechanics and electrical circuits—before ever touching a physical vehicle.

“zSpace has revolutionized how I teach,” Chrinko said. “My students don’t just learn about engines—they’re immersed in them. They gain visual, hands-on experience that prepares them for real-world diagnostics and decision-making.”

Compared to traditional PowerPoint-based instruction, Chrinko’s AR/VR-based teaching model is more efficient, engaging, and impactful. Students can simulate tool use, diagnose virtual system malfunctions, and build practical knowledge in a safe, interactive environment.

See this transformation firsthand in these short videos that captures UBCTS students exploring careers through immersive technology:
YouTube – Exploring Careers with zSpace at UBCTS
Revolutionizing Automotive Education Using zSpace AR/VR

A Model for Future-Ready CTE

UBCTS has quickly become a statewide model for how immersive technology can elevate career readiness. The school uses zSpace not only to enhance curriculum and improve safety but also to support recruitment and advocacy.

Prospective students touring UBCTS can explore programs through 3D simulations, sparking interest and boosting enrollment. The school also hosts legislators and education leaders for hands-on demos, showcasing the value of immersive learning in preparing the workforce of tomorrow.

“When policymakers experience this technology, they don’t just hear about innovation—they feel it,” said Dr. Herrera. “That’s a game-changer for advocacy.”

Chrinko has led statewide demonstrations to share best practices, while Dr. Herrera continues to champion AR/VR integration at conferences across Pennsylvania and beyond.

Recognition Reflects a Blueprint for Innovation

The national recognition of UBCTS and Mr. Chrinko underscores what’s possible when schools embrace innovation. Their success stands as a blueprint for how immersive learning can deepen engagement, drive enrollment, and shape the future of career and technical education.

About Upper Bucks County Technical School

Upper Bucks County Technical School (UBCTS) is a leader in hands-on, career-focused education. Through strategic investment in emerging technologies and strong industry partnerships, UBCTS prepares students with the credentials, skills, and real-world experience needed to thrive in high-demand careers.

About zSpace

zSpace, Inc. (NASDAQ: ZSPC) delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace allows students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Headquartered in San Jose, California, zSpace holds over 70 patents and our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021.

Contacts

Press Contact:
Amanda Austin
[email protected]
408-498-4050

Investor Relations Contact:
Gateway Group
Cody Slach
949.574.3860
[email protected]

Image 1 – Legislators Visit UBCTS
Legislators and education leaders explore zSpace at UBCTS to see how AR/VR transforms CTE instruction.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b7795795-dbf5-4327-8aeb-0e273a7303f5


Image 2

Middle School Engagement
Middle schoolers get hands-on with zSpace and discover future careers through immersive CTE learning at UBCTS.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a098ab68-69a3-4134-90f4-8d7453bacaf0



LiveOne’s (Nasdaq: LVO) Audio Division Achieves Record Earnings, Adjusted EBITDA* Exceeds Guidance by 51% at $18.2M

– Audio Division (Slacker Radio and PodcastOne):

    – Fiscal 2025 Record Revenue: $108.9M (beat guidance by $2.9M)

    – Fiscal 2025 Record Adjusted EBITDA*: $18.2M (beat guidance by 51+% or $6.2M)

– Fiscal 2025 Consolidated Revenue: $114.4M (beat guidance by $2.4M)

– Company will host a conference call and webcast on June 26, 2025, to discuss earnings and current B2B partnerships, including Tesla

LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the fourth fiscal quarter (“Q4 Fiscal 2025”) and fiscal year ended March 31, 2025 (“Fiscal 2025”). LiveOne will host a conference call and webcast on June 26, 2025.

LiveOne’s CEO and Chairman, Robert Ellin, stated, “I’m proud to share that we’ve surpassed our guidance for revenues and adjusted EBITDA* for fiscal 2025. This is a clear reflection of our dedication to excellence and our creator-first approach centered around superfans.”

Mr. Ellin added, “I’m especially pleased with the impact of our cost-reduction initiatives. Through resource optimization and innovative operational strategies, we’ve improved profitability, strengthened our market position, and delivered meaningful value to our shareholders.”


Q4 Fiscal 2025 and Q4 Fiscal 2024 and Fiscal 2025 and Fiscal 2024 Results Summary (in $000’s, except per share; unaudited)

  Three Months Ended   Year Ended
  March 31,   March 31,
   2025     2024     2025     2024 
               
Revenue $ 19,288     $ 30,899     $ 114,405     $ 118,440  
Operating income (loss) $ (8,249 )   $ (1,161 )   $ (15,548 )   $ (4,668 )
Total other income (expense) $ (339 )   $ (1,409 )   $ (2,498 )   $ (8,525 )
Net income (loss) $ (8,348 )   $ (2,645 )   $ (17,861 )   $ (13,311 )
Adjusted EBITDA* $ 1,592     $ 2,785     $ 8,922     $ 10,977  
Net income (loss) per share basic and diluted   ($0.08)       ($0.03)       ($0.17)       ($0.14)  




Q4 Fiscal 2025 Results Summary Discussion

For Q4 Fiscal 2025, LiveOne posted revenue of $19.3 million versus $30.9 million in the same period in the prior year, driven primarily by reductions in Slacker radio revenues.

Q4 Fiscal 2025 Operating Loss was ($8.2) million compared to a ($1.2) million Operating Loss in the fourth quarter ended March 31, 2024 (“Q4 Fiscal 2024”). The $8.2 million in Operating Loss was largely a result of a decrease in revenue offset by reductions in other operating expenses.

Q4 Fiscal 2025 Adjusted EBITDA* was $1.6 million, as compared to Q4 Fiscal 2024 Adjusted EBITDA* of $2.8 million, a decrease of $1.2 million. Q4 Fiscal 2025 Adjusted EBITDA* was comprised of Audio Division Adjusted EBITDA* of $4.1 million, Other Operations Adjusted EBITDA* of ($1.0) million and Corporate Adjusted EBITDA* of ($1.5) million. Audio Division Adjusted EBITDA* of $4.1 million was driven by improved Contribution Margins* along with decreases in operating expenses.

Capital expenditures for Q4 Fiscal 2025 totaled approximately $3.1 million, which were driven by capitalized software costs associated with development of LiveOne’s integrated music player and pay-per-view services.


Conference Call and Webcast

:

Earnings conference call and webcast will be held on Thursday, June 26, 2025. LiveOne will separately announce the time of such conference call and webcast and how investors and interested parties can participate.

The select anticipated financial results discussed in this press release are based on management’s preliminary analysis of financial results for Fiscal 2025. As of the date of this press release, LiveOne has not completed its financial statement reporting process for Fiscal 2025, and LiveOne’s independent registered accounting firm has not completed its audit procedures on the financial results discussed in this press release. During the course of LiveOne’s fiscal year-end closing procedures and review process, LiveOne may identify items that would require it to make adjustments, which may be material, to the information presented above. The estimated unaudited financial results contained in this press release are based only on currently available information as of the date hereof. As a result, the estimates above constitute forward-looking information and are subject to risks and uncertainties, including possible adjustments to such financial results, and are not guarantees of future performance and may differ from actual results.


About LiveOne, Inc.

Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne’s subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com and follow us on FacebookInstagramTikTokYouTube and X at @liveone. For more investor information, please visit ir.liveone.com.


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 ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or 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, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne 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 debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; 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 LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’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, Quarterly Report on Form 10-Q for the quarter ended December 31, 2024, filed with SEC on February 14, 2025, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.


* About Non-GAAP Financial Measures

 

To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America (“GAAP”), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization (“Adjusted EBITDA”), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.

We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segments. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.

Contribution Margin (Loss) is defined as Revenue less Cost of Sales. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, and (e) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.

With respect to projected full Fiscal 2026 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.

For more information on these non-GAAP financial measures, please see the tables entitled “Reconciliation of Non-GAAP Measure to GAAP Measure” included at the end of this release.


LiveOne Press Contact

:


[email protected]

Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone.

Financial Information

The tables below present financial results for the three months and fiscal year ended March 31, 2025 and 2024.

LiveOne, Inc.

Consolidated Statements of Operations (Unaudited)


(In thousands, except share and per share amounts)
 
  Three Months Ended   Year Ended
  March 31,   March 31,
   2025     2024     2025     2024 
               
Revenue: $ 19,288     $ 30,899     $ 114,405     $ 118,440  
               
Operating expenses:              
Cost of sales   13,344       23,376       85,241       86,391  
Sales and marketing   1,583       2,167       6,268       7,838  
Product development   1,129       1,302       4,475       4,681  
General and administrative   5,178       4,627       22,209       22,268  
Impairment of fixed assets, intangible assets and goodwill   5,830             9,813       115  
Amortization of intangible assets   473       588       1,947       1,815  
Total operating expenses   27,537       32,060       129,953       123,108  
Loss from operations   (8,249 )     (1,161 )     (15,548 )     (4,668 )
               
Other income (expense):              
Interest expense, net   (501 )     (889 )     (2,712 )     (4,366 )
Other income (expense)   162       (520 )     214       (4,159 )
Total other expense, net   (339 )     (1,409 )     (2,498 )     (8,525 )
               
Loss before provision (benefit) for income taxes   (8,588 )     (2,570 )     (18,046 )     (13,193 )
               
Provision (benefit) for income taxes   (240 )     75       (185 )     118  
Net loss   (8,348 )     (2,645 )     (17,861 )     (13,311 )
Net loss attributable to non-controlling interest   (410 )     (691 )     (1,661 )     (1,345 )
Net loss attributed to LiveOne $ (7,938 )   $ (1,954 )   $ (16,200 )   $ (11,966 )
               
Net loss per share basic and diluted $ (0.08 )   $ (0.03 )   $ (0.17 )   $ (0.14 )
Weighted average common shares basic and diluted   96,107,527       88,390,853       95,041,241       87,617,392  
                               

LiveOne, Inc.

Consolidated Balance Sheets (Unaudited)


(In thousands)
 
  March 31,   March 31,
   2025     2024 
       

Assets
     
Current Assets      
Cash and cash equivalents $ 4,119     $ 6,987  
Restricted cash   30       155  
Accounts receivable, net   8,836       13,205  
Inventories   1,586       1,801  
Prepaid expense and other current assets   1,212       2,187  
Total Current Assets   15,783       24,335  
Property and equipment, net   1,965       3,646  
Goodwill   21,712       23,379  
Intangible assets, net   3,340       12,415  
Other assets   97       88  
Total Assets $ 42,897     $ 63,863  
       

Liabilities, Mezzanine Equity and Stockholders
’ Equity (
Deficit)
     
Current Liabilities      
Accounts payable and accrued liabilities $ 25,179     $ 26,953  
Accrued royalties   5,490       10,862  
Notes payable, current portion   623       692  
Senior secured line of credit   2,950       7,000  
Deferred revenue   2,141       728  
Derivative liabilities       607  
Total Current Liabilities   36,383       46,842  
Notes payable, net   150       771  
Lease liabilities, noncurrent   99        
Other long-term liabilities   12,236       9,354  
Deferred income taxes   60       339  
Total Liabilities   48,928       57,306  
       
Commitments and Contingencies      
       
Mezzanine Equity      
Redeemable convertible preferred stock, $0.001 par value; 100,000 shares authorized; None and 5,000 shares issued and outstanding as of March 31, 2025 and 2024, respectively         4,962  
Stockholders Equity (Deficit)      
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 14,002 and 18,814 shares issued and outstanding as of March 31, 2025 and 2024, respectively   14,002       18,814  
Common stock, $0.001 par value; 500,000,000 shares authorized; 96,765,145 issued and outstanding as of March 31, 2025; 92,487,459 shares issued and outstanding as of March 31, 2024   97       92  
Additional paid in capital   233,367       216,116  
Treasury stock   (250 )     (4,782 )
Accumulated deficit   (262,610 )     (238,984 )
Total LiveOne’s Stockholders Deficit   (15,394 )     (8,744 )
Non-controlling interest   9,363       10,339  
Total equity (deficit)   (6,031 )     1,595  
Total Liabilities, Mezzanine Equity and Stockholders Equity (Deficit) $ 42,897     $ 63,863  
               

LiveOne, Inc.

Reconciliation of Non-GAAP Measure to GAAP Measure

Adjusted EBITDA* Reconciliation (Unaudited)


(In thousands)
 
                Non-            
                Recurring            
    Net   Depreciation       Acquisition and   Other   (Benefit)    
    Income   and   Stock-Based   Realignment   (Income)   Provision   Adjusted
    (Loss)   Amortization   Compensation   Costs   Expense   for Taxes   EBITDA*
Three Months Ended March 31, 2025                            
Operations – PodcastOne   $ (1,554 )   $ 313   $ 2,114     $ 3   $     $ 12     $ 888  
Operations – Slacker     (1,100 )     4,075     23       45     132             3,175  
Operations – Other     (3,954 )     2,802     150       15     33       2       (952 )
Corporate     (1,740 )         (137 )     438     174       (254 )     (1,519 )
Total   $ (8,348 )   $ 7,190   $ 2,150     $ 501   $ 339     $ (240 )   $ 1,592  
                             
Three Months Ended March 31, 2024                            
Operations – PodcastOne   $ (1,049 )   $ 438   $ 921     $ 77   $ (184 )   $ 55     $ 258  
Operations – Slacker     5,429       770     648       37     542             7,426  
Operations – Other     (1,533 )     345     194       63     (2,246 )           (3,177 )
Corporate     (5,492 )     1     353       99     3,297       20       (1,722 )
Total   $ (2,645 )   $ 1,554   $ 2,116     $ 276   $ 1,409     $ 75     $ 2,785  

                Non-            
                Recurring            
                Acquisition and   Other   (Benefit)    
    Net Income   Depreciation and   Stock-Based   Realignment   (Income)   Provision   Adjusted
    (Loss)   Amortization   Compensation   Costs   Expense   for Taxes   EBITDA*
Year Ended March 31, 2025                            
Operations – PodcastOne   $ (6,172 )   $ 1,514   $ 4,086   $ 47   $     $ 24     $ (501 )
Operations – Slacker     5,256       10,189     1,283     244     1,707             18,679  
Operations – Other     (8,026 )     3,430     889     639     123       1       (2,944 )
Corporate     (8,919 )     5     1,258     886     668       (210 )     (6,312 )
Total   $ (17,861 )   $ 15,138   $ 7,516   $ 1,816   $ 2,498     $ (185 )   $ 8,922  
                             
Year Ended March 31, 2024                            
Operations – PodcastOne   $ (14,732 )   $ 1,148   $ 3,483   $ 881   $ 9,666     $ 55     $ 501  
Operations – Slacker     12,806       2,926     1,684     1,026     1,535           $ 19,977  
Operations – Other     (1,397 )     1,134     672     457     (4,879 )         $ (4,013 )
Corporate     (9,988 )     14     2,126     94     2,203       63     $ (5,488 )
Total   $ (13,311 )   $ 5,222   $ 7,965   $ 2,458   $ 8,525     $ 118     $ 10,977  

  (1 ) Non-Recurring Acquisition and Realignment Costs include non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, legal, accounting and other professional fees directly attributable to acquisition activity, employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, and certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date
       
  (2 ) Other (income) expense above primarily includes interest expense and change in fair value of derivative liabilities. These are included in the statement of operations in other income (expense) and are an add back to net loss above in the reconciliation of Adjusted EBITDA* to loss.
       
  *   See the definition of Adjusted EBITDA under “About Non-GAAP Financial Measures” within this release.

LiveOne, Inc.

Reconciliation of Non-GAAP Measure to GAAP Measure

Contribution Margin* Reconciliation (Unaudited)


(In thousands)
 
  Three Months Ended
  March 31,
  2025   2024
       
Revenue: $ 19,288     $ 30,899  
Less:      
Cost of sales   (13,344 )     (23,376 )
Amortization of developed technology   (834 )     (761 )
Gross Profit   5,110       6,762  
       
Add back amortization of developed technology:   834       761  
Contribution Margin* $ 5,944     $ 7,523  

  Year Ended
  March 31,
   2025     2024 
       
Revenue: $ 114,405     $ 118,440  
Less:      
Cost of sales   (85,241 )     (86,391 )
Amortization of developed technology   (3,087 )     (3,009 )
Gross Profit   26,077       29,040  
       
Add back amortization of developed technology:   3,087       3,009  
Contribution Margin* $ 29,164     $ 32,049  

  * See the definition of Contribution Margin under “About Non-GAAP Financial Measures” within this release.



Pessimism About Future Household Finances Rises, Yet Majority of U.S. Consumers Remain Optimistic

TransUnion’s Q2 2025 Consumer Pulse study also finds those consumers most concerned about tariffs are seeking credit at elevated rates

CHICAGO, June 18, 2025 (GLOBE NEWSWIRE) — As tariffs and the potential for rising cost of goods have dominated the news cycle since early April, a new TransUnion (NYSE: TRU) Q2 2025 Consumer Pulse study found that 27% of U.S. consumers are now pessimistic about their household finances over the next 12 months. This marks a six-percentage point rise from Q4 2024 (21%) and a four-percentage point increase from a year ago (23%). It’s the highest level since TransUnion first began tracking this data point in Q1 2021.

Despite the rise in pessimism, 55% of consumers are optimistic about their household finances over the next 12 months – the same percentage as in Q2 2024. However, optimism has declined from 58% in Q4 2024. The youngest consumers surveyed – Gen Z and Millennials – remain most optimistic about future finances, at 67% and 64%, respectively. The findings are derived from a survey of 2,998 American adults between May 1-12, 2025.

“Since early April, there has been a marked increase in the level of uncertainty about future costs primarily due to the ongoing discussions about tariffs,” said Charlie Wise, senior vice president and head of global research and consulting at TransUnion. “While we’ve seen a rise in pessimism about future finances, it can’t be overstated that the same percentage of Americans are as optimistic about their future finances today as they were at this same time last year. We posit this is happening because of the continued strong employment picture and sustained wage gains. If you have a job and feel like you’re likely to get some form of pay increase over the next year, then you also will likely be able to manage through most possible scenarios for increases in the costs of goods and services.”

Comparing Optimism and Pessimism Levels in the Last Year by Generation; Tariff Impacts

Generation/Insights



Percent of consumers 


optimistic 

about their
household finances in the
next 12 months


Percent of consumers 


pessimistic 

about their
household finances in the
next 12 months
Percent of consumers
who say higher prices of
products resulting from
tariffs will impact them
personally
Timeframe Q2

2024
Q4
2024
Q2

2025
Q2

2024
Q4
2024
Q2
2025
Q2
2025*
Overall 55%   58%   55%   23%   21%   27%   67%  
Gen Z 66%   64%   67%   14%   18%   17%   55%  
Millennials 62%   66%   64%   21%   17%   21%   59%  
Gen X 47%   53%   52%   28%   23%   29%   70%  
Baby Boomers 49%   49%   43%   26%   24%   36%   77%  

*Q2 2025 is the first time this question was included in the Consumer Pulse study.

Impact of Tariff Concerns on Credit Market

Nearly nine in 10 Americans (87%) reported some level of concern about the impact of current or possible tariffs on their household finances; 41% said they were very concerned. To that end, the Consumer Pulse study found that consumers now have an increasing interest in securing credit products.

Of those consumers who were very concerned about tariffs, 37% planned to apply for new credit or refinance existing credit in the next year, a higher rate than all others (30%) who planned the same. Liquidity credit products which provide access to cash, including credit cards and personal loans, appeared to be a greater preference for those who are tariff concerned. Specifically, this group is interested in increasing available credit on existing credit cards, applying for a personal loan and using buy now, pay later payment services.

“When there is uncertainty in the market, this often results in consumers seeking new credit to ensure they are prepared for any future financial hurdles. While it’s not clear just how much of an impact tariffs will have on consumer wallets, it is clear that those consumers who are most concerned about them are more likely to be preparing for the future through myriad credit options,” said Wise.

Recession Fears Return, But are Consumers Simply in ‘Rinse and Repeat’ Mode?

While inflation continues to be the top financial concern of Americans – 81% ranked it as a Top 3 concern in the next 12 months – there was a pronounced increase in fears of a recession. This metric jumped seven percentage points from Q2 2024 with 52% saying it was in their Top 3 financial concerns over the next 12 months — its highest level in two years. In Q4 2024, fears of a recession stood at 43%.

While recession anxieties are growing, Americans were even more worried two years ago, when 53% of respondents rated it as one of their Top 3 concerns. At that time, 75% of Q2 2023 Consumer Pulse study respondents said they believed the country would be in a recession by the end of 2023. In comparison, 72% of this quarter’s respondents believe there will be a recession by the end of 2025. No recession ever occurred in 2023 or has over the ensuing two years, according to the U.S. Bureau of Economic Analysis.

“Fears of a recession should never be discounted. However, history has a way of repeating itself. To this end, consumers are being pragmatic and considering the news of the day. As tariff discussions bring uncertainty, so do increased fears of economic setbacks. Yet, just like we saw in the second quarter of 2023, there are a lot of positives about the economy and the consumer credit market at-large. One thing is certain – we should expect to see more shifts in consumer sentiment in the coming months,” concluded Wise.

For more information about the Consumer Pulse study, please click here.

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

http://www.transunion.com/business

Contact Dave Blumberg

Email
[email protected] 

Telephone 312-972-6646



Rackspace Technology and Sema4.ai Launch Industry’s First Scalable Enterprise AI Agent Solution

Enterprise-ready Solution Bridges the Gap from AI Experimentation to Full-Scale Transformation

SAN ANTONIO, June 18, 2025 (GLOBE NEWSWIRE) — Rackspace Technology® (“Rackspace”) (NASDAQ: RXT), a leading hybrid cloud and AI solutions provider, today announced a strategic alliance with enterprise AI agent innovator Sema4.ai (“Sema4”). This collaboration integrates the Foundry for AI by Rackspace (FAIR™) services and Rackspace’s application management expertise with Sema4.ai’s advanced ‘SAFE’ AI Agent Platform, combining the strengths of both companies in artificial intelligence, cloud and systems integration to accelerate the adoption of secure, enterprise-grade AI solutions. The partnership will enable the rapid deployment of scalable, production-ready AI agents across enterprise functions with robust governance, transparency, and security protocols as their core foundational elements.

Why does this matter?

Rackspace’s recently published AI research report reveals that there is a critical gap between experimentation and enterprise-wide AI adoption. While nearly all organizations are open to integrating AI agents into their business strategy, only 24% of enterprises currently have AI agents in production and scaling effectively.

Through this new collaboration, businesses can design and deploy custom AI agents tailored to specific use cases, with seamless integrations across key functions such as HR, finance, customer support, sales, and operations. Customers will also gain access to full AI lifecycle management, including built-in observability and a centralized control plane, enabling scalable, secure, and efficient deployment.

“For over 25 years, we’ve learned what it takes to keep critical enterprise systems running reliably in production environments,” said Srini Koushik, President of AI, Technology, and Sustainability at Rackspace Technology. “At FAIR, we view AI agents not just as digital assistants, but as autonomous digital coworkers that require the same level of reliability, security, and governance as any mission-critical operation. This solution, in collaboration with Sema4, isn’t just about deploying AI; it is about operationalizing enterprise intelligence at scale.”

The SAFE Advantage: Agents that Integrate into Your Business

Sema4’s SAFE platform represents a fundamental shift from fragile, siloed AI tools to resilient, interconnected agents that understand the context of a business. Its flexible architecture enables the efficient integration of advanced AI capabilities into existing enterprise environments using decentralized, federated agents. These agents can:

  • Operate independently
    or collaboratively, offering shared functionalities such as natural language understanding, workflow automation, and advanced document processing.
  • Help streamline and enhance the automation of high-value tasks. The result is a secure, scalable AI agent platform that bridges the gap between structured and unstructured data, supports real-time decision-making, and leverages a low-code approach to accelerate adoption and drive scalability.
  • Automate existing business processes, which interpret standard operating procedures (SOPs) and runbooks, eliminating the need for complex prompt engineering. This enables organizations to simply describe a process in plain English, letting AI agents automate workflows based on existing documentation reducing time to value while significantly lowering barriers to adoption.

“Enterprise agents are the defining application of the AI age and will fundamentally change knowledge work by converting insights directly into action,” added Rob Bearden, CEO of Sema4.ai. “The partnership between Sema4.ai and Rackspace FAIR empowers businesses to move beyond testing to enterprise-wide deployment of AI agents.”


About Foundry for AI by Rackspace (FAIR):



FAIR
 is a groundbreaking global practice dedicated to advancing business transformation, improving customer experience, increasing the quality of service, and accelerating value creation through the secure and responsible use of AI technologies. FAIR has identified over 500 use cases across multiple industries and is working on several industry-leading implementations for our customers across the globe.  


About Rackspace Technology
:
Rackspace Technology is a leading end-to-end, hybrid, and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.


About Sema4.ai


Sema4.ai believes enterprise AI agents are the “killer app” of the AI era—revolutionizing how knowledge work is executed. Our full lifecycle enterprise AI platform enables businesses to build, run, and manage AI agents at scale. Our platform was designed from the ground up to deliver SAFE AI Agents that are secure, accurate, fast, and extensible. And, unlike other agentic offerings, our agents enable the business user to define the process and the best practice outcomes.

By empowering businesspeople, and not just developers, to build and deploy AI agents that understand context, reason, and act autonomously, Sema4.ai is transforming how work gets done in the enterprise. This approach to agentic automation is driving significant gains in operational efficiency, productivity, and cost savings for some of the world’s largest and most successful companies.


Media Contacts


Rackspace Technology
Matt Conroy
Stanton Public Relations & Marketing
[email protected]

Sema4.ai
Eric Gonzalez
VSC for Sema4.ai
[email protected]



TruGolf Announces Reverse Stock Split

Salt Lake City, Utah, June 18, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulator software and hardware, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a 1-for-50 reverse stock split of its Class A common stock. The reverse stock split will take effect at 12:01 am (Eastern Time) on June 23, 2025, and the Company’s Class A common stock will open for trading on The Nasdaq Capital Market on June 23, 2025 on a post-split basis, under the existing ticker symbol “TRUG” but with a new CUSIP number 243733409.

As a result of the reverse stock split, every fifty shares of the Company’s Class A common stock issued and outstanding prior to the opening of trading on June 23, 2025 will be consolidated into one issued and outstanding share. Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company’s outstanding equity awards, as applicable, as well as to the number of shares issuable under the Company’s equity incentive plans. The Class A common stock issued pursuant to the reverse stock split will remain fully paid and non-assessable. The reverse stock split will not affect the number of authorized shares of Class A common stock or the par value of the Class A common stock. No fractional shares will be issued if, as a result of the reverse stock split, a stockholder would become entitled to a fractional share because the number of shares of Class A common stock they hold before the reverse stock split is not evenly divisible by the split ratio. Instead, the stockholder will be entitled to receive a cash payment in lieu of a fractional share.

As a result of the reverse stock split, the number of shares of Class A common stock outstanding will be reduced from approximately 40.5 million shares to approximately 0.8 million shares, and the number of authorized shares of Class A common stock will remain at 650 million shares.

About TruGolf, Inc.

Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

Forward-Looking Statements

This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Forward-looking statements include, without limitation, the timing of the reverse stock split. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

Contact: Michael Bacal
        [email protected]
        917-886-9071

        



Hyperscale Data Subsidiary askROI Surpasses 160,000 App Downloads on Apple App Store and Google Play

LAS VEGAS, June 18, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 160,000 cumulative app downloads between the Apple App Store and Google Play. This marks a key milestone in askROI’s early growth and adoption.

askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI seeks to fine-tune its AI platform.

“askROI has done very little marketing so far as the team continues to test and refine its AI platform across multiple use cases,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “I am very proud of the progress made by the team and look forward to more growth as the askROI team launches new updates and new future products. Over the coming months, the askROI team plans to roll out a new version of its AI platform and significantly bolster its marketing efforts.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data expects to complete the Divestiture of ACG on or about December 31, 2025. Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.govand on the Company’s website at hyperscaledata.com.

Hyperscale Data Investor Contact:

[email protected] or 1-888-753-2235



Synergy CHC (NASDAQ: SNYR) Expands FOCUSfactor® to UAE & Turkey — Ignites Global Growth and New Revenue Streams

WESTBROOK, Maine, June 18, 2025 (GLOBE NEWSWIRE) — Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a fast-growing consumer health and wellness company, announced today that it has expanded its international licensing deal with Gravity Pharma, adding Turkey alongside the United Arab Emirates UAE for exclusive distribution of FOCUSfactor®. This move brings total upfront licensing revenue to $2 million, with additional performance-based royalties tied to product sales across both high-growth markets.

“This isn’t just an expansion—it’s execution,” said Jack Ross, CEO of Synergy CHC Corp. “Adding Turkey alongside the United Arab Emirates (UAE), compounds our momentum and unlocks untapped growth in scalable, capital-efficient markets. We’re building brand equity globally without the overhead—exactly how growth should look in 2025.”

The UAE-Turkey licensing model allows Synergy to scale the FOCUSfactor® brand—including brain health supplements, cognitive beverages, and energy shots—without diluting ownership or diverting U.S.-based operational focus. Synergy retains 100% ownership and global IP, with performance-based royalties driving long-term upside.

Key Highlights for Investors:

  • $2M in licensing secured
  • Additional revenue potential through royalties
  • Scalable, asset-light growth strategy
  • Brain health market expected to top $20B by 2030

With global demand for cognitive health solutions surging and strategic distribution partnerships now active, SNYR is well-positioned to capitalize on both brand strength and macro health trends. These developments follow key leadership hires from Coca-Cola’s global beverage team, reinforcing the Company’s commitment to accelerated growth and operational precision.

About Synergy CHC Corp.

Synergy CHC Corp. (NASDAQ: SNYR) is a next-generation consumer health and wellness company. Its flagship brands include FOCUSfactor®, a clinically tested brain health supplement, and Flat Tummy®, a lifestyle wellness brand for women. Synergy is executing a high-margin, global expansion strategy across functional health categories through capital-efficient partnerships.

Investor Relations

Gateway Group

Cody Slach, Greg Robles
949.574.3860
[email protected]