Live Ventures (LIVE) Reports Q2 EPS of $0.06

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Live Ventures Incorporated Announces Second Quarter Fiscal 2016 Results

May 16, 2016 10:30 AM EDT

LAS VEGAS, May 16, 2016 /PRNewswire/ - Live Ventures Incorporated (NASDAQ: LIVE) ("Live Ventures" or the "Company"), a diversified holding company, today announced financial results from its second fiscal quarter, which ended March 31, 2016. 

During the second fiscal quarter, the Company reported sales of $19.8 million, which was $15.6 million, or, 365% higher over the same quarter last year. Gross profit was $5.6 million, which was $3.7 million, or, 190% higher than last year.

Net Income and Earnings per Share (EPS) for the quarter were $1.2 million and 7 cents, respectively. Earnings before interest, taxes, depreciation and amortization (EBITDA) for... More