Nova Lifestyle, Inc. Reports Third Quarter FY 2019 Results
Nova Lifestyle, Inc (NVFY)
US:NASDAQ Investor Relations:
novalifestyle.com/profile
Company Research
Source: GlobeNewswire
LOS ANGELES, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Nova Lifestyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the quarter and nine months ended September 30, 2019. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “I am pleased to announce that our third quarter 2019 net sales more than doubled our second quarter 2019 net sales. We believe that this quarter to quarter revenue increase reflects the market’s acceptance of our new higher margin product line and indicates great promise of continued revenue growth from our new product line. We will continue to work to enhance our distribution channels for our new products in an effort to continue to increase our revenues and return to profitability.” Key Financial Highlights: Net sales for three months ended September 30, 2019 were $9.3 million, a decrease of 44% from $16.7 million in the same period of 2018.Net loss for the three months ended September
Show less
Read more
Impact Snapshot
Event Time:
NVFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NVFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NVFY alerts
High impacting Nova Lifestyle, Inc news events
Weekly update
A roundup of the hottest topics
NVFY
News
- Nova LifeStyle Stock Falls Despite Q3 Earnings Uptick Y/Y, Revenues Up [Yahoo! Finance]Yahoo! Finance
- Nova LifeStyle Third Quarter 2024 Earnings: US$0.72 loss per share (vs US$0.83 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results [Yahoo! Finance]Yahoo! Finance
- Nova LifeStyle, Inc. Reports Third Quarter FY 2024 ResultsGlobeNewswire
NVFY
Sec Filings
- 11/27/24 - Form S-8
- 11/22/24 - Form EFFECT
- 11/19/24 - Form S-3/A
- NVFY's page on the SEC website