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Live Ventures Inc (LIVE)
:LIVE
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-1.04Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -20.43%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with notable achievements in the Retail-Entertainment and Steel Manufacturing segments, leading to improved operating performance and a return to positive net income. However, significant challenges remain due to decreased demand in the flooring industry, resulting in an overall revenue decline and increased expenses. While there are positive signs and strategic initiatives in place, the balance of highlights and lowlights suggests a cautious outlook.Company Guidance
During the Live Ventures FY 2025 First Quarter Earnings Conference Call, the company reported a 5.2% decrease in total revenue to approximately $111.5 million, with declines in the Flooring Manufacturing, Retail-Flooring, and Steel Manufacturing segments totaling around $6.7 million. However, the Retail-Entertainment segment saw a revenue increase of 3.3%, or $700,000, to approximately $21.3 million, driven by an increase in the number of stores. Despite a reduced demand in the flooring and steel industries, the company's gross margin improved to 31.7% from 30.9% in the prior year period. General and administrative expenses rose by $2.4 million to $30.1 million, while sales and marketing expenses decreased by $600,000 to $4.5 million. The company achieved a net income of approximately $500,000, translating to a diluted EPS of $0.16, compared to a net loss in the previous year. Adjusted EBITDA dropped by $3 million to $5.7 million. At the end of the quarter, the company had total cash availability of $31.1 million and working capital of approximately $51 million. The company repurchased about 15,700 shares of common stock during the quarter and expressed confidence in its long-term strategy despite current market challenges.Retail-Entertainment Revenue Growth
Retail-Entertainment revenue increased by $700,000, or 3.3%, compared to the prior year period, reaching approximately $21.3 million due to an increase in the number of stores.
Improved Operating Performance in Key Segments
Retail-Entertainment and Steel Manufacturing segments delivered improved operating performance with increases in operating revenue and margins compared to the prior year period.
Positive Net Income and EPS
Net income for the quarter was approximately $500,000 with a diluted EPS of $0.16 compared to a net loss of $700,000 and a loss per share of $0.22 in the prior year period, partly due to gains from settlement activities.
Cash Availability and Stock Repurchases
Ended the quarter with total cash availability of $31.1 million and repurchased approximately 15,700 shares of common stock, indicating strong liquidity and capital allocation strategy.
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LIVE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LIVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $9.69 | $9.44 | -2.58% |
| Dec 12, 2024 | $10.02 | $9.83 | -1.90% |
| Aug 08, 2024 | $20.45 | $20.21 | -1.17% |
| May 13, 2024 | $25.67 | $25.62 | -0.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Live Ventures Inc (LIVE) report earnings?
Live Ventures Inc (LIVE) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Live Ventures Inc (LIVE) earnings time?
Live Ventures Inc (LIVE) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LIVE EPS forecast?
Currently, no data Available
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