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Live Ventures Announces Fiscal 2017 Results and 988 Percent Increase in Earnings Per Share

Live Ventures, Inc (LIVE)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: ir.live-ventures.com
PDF LAS VEGAS, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company, today announced financial results from its fiscal year ended September 30, 2017. Reporting its most successful year in the company’s history, Live Ventures reported a record $152.0 million in revenues, an increase of 92.6 percent over the previous fiscal year. Stockholders’ equity, management’s preferred measurement for performance, increased by 39 percent year-over-year. Since present management took over six years ago, stockholders’ equity has grown at a rate of 88.6 percent compounded annually. Key highlights from 2017 include: Record revenues of $152.0 million, up 92.6 percent over the last fiscal year  Gross profit up 213.2 percent to $62.5 million Operating Income up 680.7 percent to $18.1 million Total assets of $129 million Earnings per Share (EPS) up 988 percent when excluding one-time, non-cash gains from deferred tax asse [Read more]

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