Followers | 2 |
Posts | 271 |
Boards Moderated | 0 |
Alias Born | 11/21/2016 |
Thursday, August 10, 2017 8:56:30 AM
8:30 am ET August 10, 2017 (Globe Newswire) Print
Live Ventures Incorporated (NASDAQ:LIVE) ("Live Ventures" or the "Company"), a diversified holding company, today announced financial results from its third fiscal quarter, which ended June 30, 2017.
Highlights include:
-- Record sales of $41.37 million, up 107 percent
-- Gross profit up 233 percent to $16.9 million
-- Operating Income up 409 percent to $5.3 million
-- Year-to-date cash flow from operations of $8.8 million
-- Assets of over $125 million
-- 79,000 shares repurchased since inception of Company's share repurchase program through July 2017, reducing outstanding common shares to 2,010,413 as of June 30, 2017
-- Shareholders' equity grew by 5.49 percent during the quarter, to $16.22 per basic common share
All percentage changes are compared to the same period in the previous year, where appropriate.
"We could not be more pleased with our performance in this third fiscal quarter, as two of our subsidiaries each achieved a record month in June. Vintage Stock achieved record high EBITDA for any month of June since its inception. In addition, Marquis Industries set an overall sales record for that month," said Jon Isaac, CEO of Live Ventures Incorporated. "As we continue to seek out additional acquisition targets, we continue to track significant progress in terms of our financial success, which we believe translates to shareholder value."
The Company will also be holding a conference call to discuss the filing and answer investor questions today, August 10, 2017, at 4:30PM ET. Interested investors may participate in the conference call by dialing (877) 888-4291 (US domestic) or (785) 424-1878 (international) and providing the operator with the conference ID: LIVE VENTURES. In addition, details of the filing can be found on the United States Securities and Exchange Commission (SEC) website (www.sec.gov) or by visiting the investor relations section of the company's website at www.live-ventures.com.
Recent LIVE News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:54:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 01:55:42 PM
- Live Ventures Reports Fiscal Third Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/08/2024 12:30:40 PM
- Live Ventures to Issue Fiscal Third Quarter 2024 Financial Results and Hold Earnings Conference Call on August 8, 2024 • GlobeNewswire Inc. • 08/01/2024 12:30:12 PM
- Live Ventures Subsidiary Flooring Liquidators Announces Opening of its Largest Store in Springfield, Missouri • GlobeNewswire Inc. • 06/13/2024 12:00:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 02:56:13 PM
- Live Ventures Announces New $10 Million Common Stock Repurchase Program • GlobeNewswire Inc. • 06/07/2024 12:30:17 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/23/2024 04:48:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 04:18:44 PM
- Live Ventures Announces Acquisition of Data Center Product Manufacturer Central Steel Fabricators • GlobeNewswire Inc. • 05/17/2024 12:30:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 03:21:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:32:24 PM
- Live Ventures Reports Fiscal Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/13/2024 12:30:46 PM
- Live Ventures to Issue Fiscal Second Quarter 2024 Financial Results and Hold Earnings Conference Call on May 13, 2024 • GlobeNewswire Inc. • 05/06/2024 12:30:12 PM
- LL Flooring Provides Update on Strategic Alternatives Review • Business Wire • 04/29/2024 08:10:00 PM
- Live Ventures Subsidiary Vintage Stock Announces Opening of its 72nd Store in Chattanooga, Tennessee • GlobeNewswire Inc. • 04/16/2024 12:30:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/08/2024 09:18:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:12:54 PM
- Live Ventures Reports Fiscal First Quarter 2024 Financial Results • GlobeNewswire Inc. • 02/08/2024 01:30:58 PM
- Live Ventures to Issue Fiscal First Quarter 2024 Financial Results and Hold Earnings Conference Call on February 8, 2024 • GlobeNewswire Inc. • 02/01/2024 01:30:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 09:16:35 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 12/22/2023 05:14:07 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 12/21/2023 02:59:05 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 01:37:09 PM
- Live Ventures Reports Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 12/20/2023 01:30:42 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM