Welcome to our dedicated page for Live Ventures news (Ticker: LIVE), a resource for investors and traders seeking the latest updates and insights on Live Ventures stock.
Live Ventures Inc (NASDAQ: LIVE) operates as a diversified holding company with strategic focus on acquiring middle-market businesses across retail entertainment, flooring, and steel sectors. This page serves as the definitive source for verified corporate news, providing investors with timely updates on operational developments and value-driven acquisitions.
Access consolidated press releases covering earnings reports, manufacturing expansions, and strategic partnerships. Our repository ensures transparency across LIVE's core segments: retail product innovations, flooring industry advancements, and steel manufacturing efficiencies. Bookmark this resource for real-time insights into management decisions and market positioning.
Key updates include acquisition announcements, financial performance metrics, and leadership initiatives driving LIVE's buy-build-hold strategy. Subscribers and analysts benefit from unfiltered access to primary source materials, enabling informed analysis of the company's cross-sector growth trajectory.
Check regularly for developments reflecting LIVE's commitment to operational excellence in competitive markets. This evergreen hub eliminates information fragmentation, offering stakeholders a single destination for monitoring corporate milestones and industry impact.
Live Ventures Incorporated (Nasdaq: LIVE) reported its fiscal Q1 2023 results, revealing revenues of $69.0 million, an 8.2% decline from the previous year. Adjusted EBITDA dropped 37.7% to $7.5 million, while net income fell 71.8% to $1.8 million, resulting in diluted EPS of $0.60, down 70.6%. The company repurchased 24,710 shares at an average price of $25.16. Live Ventures acquired Flooring Liquidators for $84 million, contributing approximately $125 million in additional revenue annually. Despite macroeconomic challenges, the company aims to enhance operational excellence and shareholder value.
Live Ventures Incorporated (NASDAQ: LIVE) will release financial results for its fiscal first quarter ending December 31, 2022, on February 9, 2023, prior to the NASDAQ market opening. A conference call to discuss these results is scheduled for the same day at 2:00 p.m. Pacific Time. Interested parties can join via dial-in numbers, with a conference ID of LIVEVENTURE. Live Ventures is a diversified holding company focusing on value-oriented acquisitions across various sectors, including textiles and entertainment. The company seeks to enhance shareholder value through strategic partnerships and long-term investment.