Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results
Nova Lifestyle, Inc (NVFY)
US:NASDAQ Investor Relations:
novalifestyle.com/profile
Company Research
Source: GlobeNewswire
LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the third quarter and nine months ended September 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended September 30, 2024: Net sales for three months ended Sept 30, 2024 were $2.6 million, an increase of 6% from $2.5 million in the same period of 2023.Gross profit was $1.2 million, compared to a gross profit of $1.1 million in the same period of 2023.Net loss from operations was $2.5 million, compared to $1.3 million loss in the same period of 2023. Operating Results for the Nine Months Ended September 30, 2024: Net sales for the nine months ended Sept 30, 2024 were $7.7 million, a decrease of 13% from $8.8 million in the same period 2023.Gross profit was $3.4 million, compared to a gross loss of $3.2 million in the same period of 2023.Net loss from operations was $4.5 million, compared to $3
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Sec Filings
- 11/14/24 - Form 10-Q
- 11/12/24 - Form S-3
- 10/28/24 - Form 8-K
- NVFY's page on the SEC website