Better balance sheet and they announced back in September that the 3rd q was going to be strong.
"Nova LifeStyle’s third quarter profit has increased substantially compared to the prior year period. Based on a preliminary review of third quarter results, Nova anticipates robust third quarter financial performance driven by an increase in consumer demand and new product launches. "
Last years 3rd q was an operating profit of .04 so if it increases substantially it could be a nice mover.
The stock spiked following the PR but has settled down now.
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