Live Ventures (LIVE) Reports Q1 EPS of $0.01

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Go back to Live Ventures (LIVE) Reports Q1 EPS of $0.01

Live Ventures Incorporated Reports Fiscal First Quarter 2016 Results

February 16, 2016 8:30 AM EST

LAS VEGAS, Feb. 16, 2016 /PRNewswire/ - Live Ventures Incorporated (NASDAQ: LIVE) ("Live Ventures" or the "Company"), a diversified holding company, today announces financial results from its fiscal first quarter, which ended December 31, 2015. 

The company's revenues increased 151% to $20.1 million, compared to $8.0 million over the same period one year ago. Gross profit was up 98% to $6.4 million.  Earnings were $0.01 per share. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $1.6 million, or $0.09 per share. Cash flow from operations were $2.7 million.

"We are pleased with the results of the first fiscal quarter of 2016. In... More