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Live Ventures (LIVE) Reports Q3 EPS of $0.79

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Live Ventures Incorporated Announces Net Income of $13.7 Million or $0.79 EPS for its Third Fiscal Quarter 2016

August 15, 2016 8:25 AM EDT

LAS VEGAS, Aug. 15, 2016 /PRNewswire/ - 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, 2016. 

During the quarter, net income was $13.7 million and Earnings per Share (EPS) was $0.79.

The Company reported sales of approximately $20 million, which was approximately $17 million, or, 580 percent higher over the same quarter last year. Gross profit was $5.1 million, which was approximately $4.0 million, or 346 percent higher than last year.

Stockholders' Equity as of June 30, 2016 was $21.2 million or $1.26 per share and total... More