Nova Lifestyle (NVFY) Reports Q2 EPS of $0.07
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Nova LifeStyle Reports Second Quarter 2015 Financial Results
August 12, 2015 8:30 AM EDTLOS ANGELES, Aug. 12, 2015 /PRNewswire/ --Â Nova LifeStyle, Inc. (NASDAQ: NVFY), a U.S. based fast-growing, innovative designer, manufacturer and distributor of modern LifeStyle furniture, today announced financial results for the second quarter and six months ended June 30, 2015.
Second Quarter 2015 Corporate and Financial Highlights:
Net sales were $29.2 million, an increase of 13% compared to the prior year period. Gross profit was $5.2 million, an increase of 4% compared to the prior year period. Gross margin was 18%, compared to 19% in the prior year period.... More