Live Ventures Announces Record Financial Results for Second Fiscal Quarter 2018
Live Ventures Incorporated (LIVE)
US:NASDAQ Investor Relations:
ir.live-ventures.com
Company Research
Source: GlobeNewswire
LAS VEGAS, May 14, 2018 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq:LIVE), a diversified holding company, today announces financial results for its second fiscal quarter 2018, which ended March 31, 2018. The company reported record quarterly revenue of $52.2 million, representing an increase of 35.3 percent and basic EPS (earnings per share) of $0.98, representing an increase of 10.1 percent over the same period last year. The company’s results for the second fiscal quarter 2018 include those of ApplianceSmart, which was acquired in the first fiscal quarter. The company reported total assets of $137.3 million and record stockholders’ equity of $37.1 million as of the end of the fiscal quarter, representing an increase of 20.1 percent over the same period last year. Key highlights of the second fiscal quarter 2018 compared to the same period last year include: Revenues of $52.2 million, up 35.3 percentGross profit of $19.7 million, up 19.3 percentBasic earnings per sha
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