Evine Live (EVLV) Reports Q2 EPS of $0.00

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Go back to Evine Live (EVLV) Reports Q2 EPS of $0.00

Evine Live Inc. Reports Second Quarter 2018 Results

August 29, 2018 6:00 AM EDT

MINNEAPOLIS, Aug. 29, 2018 (GLOBE NEWSWIRE) -- Evine Live Inc. (Evine) (NASDAQ: EVLV) today announced results for the second quarter ended August 4, 2018. 

Fiscal Year 2018 Second Quarter Highlights

Net sales of $150.8 million increased 1.2% year-over-year.Gross profit margin of 37.7% decreased 20 basis points year-over-year. Net loss of $40,000 improved by approximately $2.0 million year-over-year, representing the best second quarter performance since fiscal 2000.Adjusted EBITDA of $3.9 million increased 12% year-over-year.EPS of $0.00 improved $0.03 over the prior year.Strengthened our balance sheet and our overall liquidity with an... More