Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results [Yahoo! Finance]
Nova Lifestyle, Inc (NVFY)
US:NASDAQ Investor Relations:
novalifestyle.com/profile
Company Research
Source: Yahoo! Finance
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 $3.0 million loss in the same period of 2023. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “During the third quarter we continued to strengthen the underlying fundamentals of
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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 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