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Stock impact report

Live Ventures Reports Fiscal First Quarter 2024 Financial Results

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: GlobeNewswire
LAS VEGAS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its first fiscal quarter ended December 31, 2023.  Fiscal First Quarter 2024 Key Highlights: Revenue increased 70.5% to $117.6 million, compared to $69.0 million in the prior year periodNet loss was ($0.7) million and diluted loss per share was ($0.22), compared to prior year period net income of $1.8 million and diluted earnings per share (“EPS”) of $0.60Adjusted EBITDA¹ increased 15.3% to $8.7 million, compared to $7.5 million in the prior year periodFlooring Liquidators, Inc. (“Flooring Liquidators”) acquired two Midwest flooring chains, adding 10 new showrooms in Arkansas, Oklahoma, and MissouriRepurchased 4,346 shares of the Company’s common stock at an average price of $24.51 per shareTotal assets of $436.6 million and stockholders’ equity of $99.4 million as of December 31, 2023App Show less Read more
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