earnings
confidence high
sentiment negative
materiality 0.70
Live Ventures Q1 revenue up 70.5% to $117.6M; net loss of $0.7M vs prior year net income
LIVE VENTURES Inc
2024-Q1 EPS reported
-$0.22
revenue$117,593,000
- Revenue rose 70.5% to $117.6M, driven by acquisitions of Flooring Liquidators and PMW.
- Net loss $0.7M; diluted loss per share ($0.22) vs prior year net income $1.8M, EPS $0.60.
- Adjusted EBITDA up 15.3% to $8.7M; cash and availability $45.0M as of Dec 31, 2023.
- Flooring Liquidators acquired two Midwest flooring chains, adding 10 showrooms.
- Repurchased 4,346 shares at avg $24.51; total assets $436.6M, equity $99.4M.