Live Ventures Q3 revenue up 35% to $123.9M; net loss $2.9M vs prior year income $1.1M

LIVE VENTURES Inc

2024-Q3 EPS reported -$2.16 revenue$360,097,000

Revenue increased 35.4% to $123.9M; net loss of $2.9M with diluted loss per share of $0.91.
Adjusted EBITDA fell 36% to $6.1M from $9.6M; operating income down 79.7% to $1.1M.
Steel Manufacturing revenue surged 112% to $39.0M driven by PMW and Central Steel acquisitions.
Retail-Flooring segment had operating loss of $1.5M due to temporary inefficiencies from recent acquisitions.
Cash and credit availability totaled $34.4M as of June 30, 2024.

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