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Stock impact report

Live Ventures Reports Fiscal Third Quarter 2024 Financial Results

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: GlobeNewswire
LAS VEGAS, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its third fiscal quarter ended June 30, 2024.  Fiscal Third Quarter 2024 Key Highlights: Revenue increased 35.4% to $123.9 million, compared to $91.5 million in the prior year periodNet loss was $2.9 million and diluted loss per share was $0.91, compared to prior year period net income of $1.1 million and diluted earnings per share (“EPS”) of $0.33Adjusted EBITDA¹ was $6.1 million, compared to $9.6 million in the prior year periodTotal assets of $436.8 million and stockholders’ equity of $92.7 million as of June 30, 2024Approximately $34.4 million of cash and availability under the Company’s credit facilities as of June 30, 2024 “Our third quarter revenue increased 35.4% compared to the prior year period, primarily driven by the strategic acquisitions of Precision Metal Works, Inc. (“P Show less Read more
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