Evine Live (EVLV) Reports Q3 Loss of $0.14/Share

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Go back to Evine Live (EVLV) Reports Q3 Loss of $0.14/Share

Evine Live Inc. Reports Third Quarter 2018 Results

November 28, 2018 6:00 AM EST

MINNEAPOLIS, Nov. 28, 2018 (GLOBE NEWSWIRE) -- Evine Live Inc. (Evine) (NASDAQ: EVLV) today announced results for the third quarter ended November 3, 2018.

Fiscal Year 2018 Third Quarter Summary

Net sales of $131.7 million decreased 12.3% year-over-year.Gross profit margin of 35.8% decreased 230 basis points year-over-year.Net loss of $9.2 million, compared to a net loss of $1.1 million in the prior year.Adjusted EBITDA of ($4.2) million, compared to $3.8 million in the prior year.EPS of ($0.14) compared to ($0.02) in the prior year.Maintained a strong and... More