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Stock impact report

Live Ventures jumps 22% after reporting tenfold EPS gain [Seeking Alpha]

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: Seeking Alpha
Live Ventures jumps 22% after reporting tenfold EPS gainLive Ventures (NASDAQ:LIVE) isup 22.2% and reclaiming a three-week high after postingfiscal year results where it pointed to a 93% gain in revenues and a tenfold increase in earnings.The company hadposted some results from its Q4 in late December, but said it needed additional time to calculate earnings due to finalizing purchase price allocation tied to its acquisition of Vintage Stock.EPS rose 988% to $2.94 when excluding one-time noncash gains from a deferred tax asset and a bargain-purchase gain booked in fiscal 2016. EBITDA was $23.21M.Operating income, meanwhile, rose 680.7% to $18.1M.See all stocks on the move »Now read:'It's Facebook, Stupid' » Show less Read more
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