Evine Live (EVLV) Tops Q3 EPS by 1c
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Evine Live Inc. Reports Third Quarter 2017 Results
November 21, 2017 6:00 AM ESTMINNEAPOLIS, Nov. 21, 2017 (GLOBE NEWSWIRE) -- Evine Live Inc. (Evine) (NASDAQ: EVLV) today announced results for the third quarter ended October 28, 2017. The Company posted quarterly net sales of $150 million, which is less than a 1% decrease year-over-year. Management estimates net sales would have increased 1.0% when excluding the estimated $3 million negative sales impact from Hurricanes Harvey and Irma during the quarter. The Company posted a net loss of $1.1 million, a 71% improvement year-over-year, EPS of ($0.02), a 67% improvement year-over-year, and an Adjusted EBITDA of $3.8 million, a 49% improvement year-over-year. Â
I am very proud of our Q3 operating... More
