secwatch.observer — SEC 8-K summary
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Issuer:     LIVE VENTURES Inc (LIVE)
CIK:        0001045742
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001628280-24-022920
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Ventures Q2 FY2024 revenue up 30.2% to $118.6M, net loss $3.3M vs profit $1.6M YoY
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- Revenue $118.6M (+30.2% YoY) driven by acquisitions of Flooring Liquidators and PMW.
- Net loss $3.3M and diluted loss per share $1.04, vs prior year net income $1.6M and EPS $0.49.
- Adjusted EBITDA $4.5M, down 51.5% from $9.2M; operating loss $0.8M vs income $5.0M YoY.
- Retail-Flooring segment operating loss $3.0M on acquisition inefficiencies; Steel Manufacturing gross margin fell to 14.3%.
- Repurchased 11,849 shares at avg $25.16; cash and credit availability $36.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045742/000162828024022920/0001628280-24-022920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045742/000162828024022920/live-20240513.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022920

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer