Live Ventures (LIVE) Reports Q2 EPS of $1.11

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Live Ventures Reports Fiscal Third Quarter 2022 Financial Results

August 11, 2022 8:30 AM EDT

LAS VEGAS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE), (Live Ventures or the Company), a diversified holding company, today announced financial results for its fiscal third quarter ended June 30, 2022. 

Third Quarter FY 2022 Key Highlights:

Revenue of $68.3 millionGross Profit of $22.3 millionAdjusted EBITDA¹ of $8.8 millionNet income was $3.5 million and diluted earnings per share (EPS) were $1.11 per shareAcquired The Kinetic Co., Inc. (Kinetic), a highly regarded brand name in the production of industrial knives and hardened wear productsRepurchased 14,160 shares of common stock at an average price of... More