Live Ventures Post 30% Hike In Q2 Sales As Acquisitions Boost
Live Ventures Post 30% Hike In Q2 Sales As Acquisitions Boost
Live Ventures Inc (NASDAQ:LIVE) reported second-quarter FY24 sales growth of 30.2% year-on-year to $118.626 million, beating the analyst consensus estimate of $105 million.
Live Ventures Inc（纳斯达克股票代码：LIVE）报告称，24财年第二季度销售额同比增长30.2％，至1.18626亿美元，超过了分析师共识估计的1.05亿美元。
"Our second quarter revenue increased 30.2% compared to the prior year period, primarily driven by the strategic acquisitions of Flooring Liquidators, Inc. ("Flooring Liquidators"), and Precision Metal Works, Inc. ("PMW"), both of which were acquired in fiscal year 2023, as well as an increase in revenue in our Flooring Manufacturing segment," said CFO David Verret.
首席财务官戴维·韦雷特表示：“我们的第二季度收入与上年同期相比增长了30.2％，这主要是由于对地板清算人公司（“地板清算人”）和精密金属工程公司（“PMW”）的战略收购，两者均于2023财年被收购，以及我们的地板制造部门收入的增加。”
Gross profit increased 12.2% to $35.5 million with a margin of 30%. Operating expenses for the quarter jumped 36.2% to $36.3 million.
毛利增长了12.2％，达到3550万美元，利润率为30％。该季度的运营支出增长了36.2％，至3,630万美元。
The company incurred an operating loss of $(838,000) compared to an operating income of $4.9 million. The decrease in operating income is primarily attributable to the Retail-Flooring segment's temporary inefficiencies associated with the acquisitions of Carpet Remnant Outlet, Inc. and Johnson Floor & Home by Flooring Liquidators.
该公司的营业亏损为83.8万美元，而营业收入为490万美元。营业收入的下降主要归因于零售地板板块因地板清算人收购Carpet Remnant Outlet, Inc.和Johnson Floor & Home而暂时效率低下。
Adjusted EBITDA declined 51% Y/Y to $4.5 million with an adjusted EBITDA margin of 3.8%. EPS of $(1.04) missed the analyst consensus estimate of $1.50.
调整后的息税折旧摊销前利润同比下降51％，至450万美元，调整后的息税折旧摊销前利润率为3.8％。每股收益（1.04）未达到分析师共识预期的1.50美元。
The company repurchased 11,849 shares of its common stock at an average price of $25.16 per share in the quarter. Live Ventures held $4.5 million in cash and equivalents as of March-end.
该公司在本季度回购了11,849股普通股，平均价格为每股25.16美元。截至3月底，Live Ventures持有450万美元的现金及等价物。
Jon Isaac, President and Chief Executive Officer of Live Ventures, said, "Despite industry-specific headwinds, we are committed to adapting to market changes, maintaining operational efficiency, and enhancing customer satisfaction."
Live Ventures总裁兼首席执行官乔恩·艾萨克表示：“尽管存在特定行业的不利因素，但我们致力于适应市场变化，保持运营效率并提高客户满意度。”
Price Action: LIVE shares are trading higher by 1.09% at $25.95 at the last check Monday.
价格走势：周一最后一次检查时，实盘股价上涨1.09％，至25.95美元。
Photo via Shutterstock
照片来自 Shutterstock
译文内容由第三方软件翻译。