secwatch.observer — SEC 8-K summary
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Issuer:     LIVE VENTURES Inc (LIVE)
CIK:        0001045742
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000950170-22-009153
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Ventures Q2 FY2022: Net income $15.4M ($4.84 EPS) includes $11.4M gain; Rev down 1.7%
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- Revenue $69.7M, -1.7% YoY; net income $15.4M, +75.8% (incl. $11.4M gain on ApplianceSmart bankruptcy settlement).
- Adjusted EBITDA $10.3M, -23% YoY; operating income $8.4M, -24.1% on inflation and higher costs.
- Retail segment revenue $20.7M (-13.6%) due to lack of prior-year stimulus; operating income down 38.2%.
- Steel manufacturing revenue $14.0M (+1.7%); operating income $2.7M (+56.1%) on pricing and efficiencies.
- Repurchased 65,668 shares at avg $31.72; Series B preferred converted, simplifying capital structure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045742/000095017022009153/0000950170-22-009153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045742/000095017022009153/live-20220511.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-009153

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