secwatch.observer — SEC 8-K summary
======================================

Issuer:     LIVE VENTURES Inc (LIVE)
CIK:        0001045742
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001628280-24-035910
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045742/000162828024035910/0001628280-24-035910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045742/000162828024035910/live-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035910

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