earnings
confidence high
sentiment negative
materiality 0.60
Live Ventures Q3 revenue $68.3M, net income down 65.1% to $3.5M; acquired Kinetic
LIVE VENTURES Inc
2022-Q3 EPS reported
$8.01
revenue$213,133,000
- Revenue $68.3M (-1.2% YoY); net income $3.5M (-65.1%); diluted EPS $1.11 (-63.2%).
- Adjusted EBITDA $8.8M (-9.5%); operating income $5.9M (-28.8%).
- Acquired The Kinetic Co., industrial knife and hardened wear products manufacturer, for steel segment.
- Repurchased 14,160 shares at avg $23.31 during the quarter.
- Cash & credit availability $35.6M; total assets $262.8M.