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Stock impact report

Live Ventures Announces First Quarter Fiscal 2019 Financial Results

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: GlobeNewswire
LAS VEGAS, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, today announced financial results for its first quarter of fiscal year 2019, which ended December 31, 2018.  The company reported record quarterly revenue of $53.2 million, representing an increase of 31.8 percent versus the same period last year, and basic EPS (earnings per share) of $0.79.  The company reported total assets of $131.8 million as of December 31, 2018 and a decrease in liabilities of approximately $11.5 million during the quarter. Stockholders’ equity stood at a record $41.0 million, representing an increase of 3.9 percent compared to the most recent fiscal quarter. Key highlights of Q1 fiscal 2019 include: Record revenues of $53.2 million, up 31.8 percent compared to Q1 fiscal 2018;Gross profit of $19.3 million, up 17.9 percent compared to Q1 fiscal 2018;Record net cash flow from operating activities of $8.2 million, up 30.8 percent compared to Q Show less Read more
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