Earnings Call Summary | Live Ventures(LIVE.US) Q2 2024 Earnings Conference
Earnings Call Summary | Live Ventures(LIVE.US) Q2 2024 Earnings Conference
The following is a summary of the Live Ventures Incorporated (LIVE) Q2 2024 Earnings Call Transcript:
以下是Live Ventures Incorporated（LIVE）2024年第二季度财报电话会议记录的摘要：
Financial Performance:
财务业绩：
Live Ventures reported a substantial Q2 revenue increase of 30.2% ($118.6 million), significantly impacted by new acquisitions (PMW, Flooring Liquidators) adding $29.6 million in revenue.
Gross profit for the quarter was up at $35.5 million, though the gross margin percentage declined to 29.9% due to new acquisitions and shrinking margins in the Steel Manufacturing segment.
Q2 experienced a net loss of approximately $3.3 million, with a loss per share of $1.04, inversely affected by operating losses and increased interest expenses.
Live Ventures报告称，第二季度收入大幅增长30.2％（1.186亿美元），这受到新收购（PMW，Floor Liquidators）增加2960万美元收入的重大影响。
该季度的毛利增长了3550万美元，尽管由于新的收购和钢铁制造板块的利润率萎缩，毛利率下降至29.9％。
第二季度净亏损约330万美元，每股亏损1.04美元，受营业亏损和利息支出增加的反向影响。
Business Progress:
业务进展：
Significant progress was highlighted by the acquisitions of PMW and Flooring Liquidators, delivering a substantial contribution to revenue growth.
The company accomplished share repurchases during the quarter, acquiring 11,849 shares of common stock.
Long-term strategy remains steadfast with a buy-build-hold focus, despite prevailing market challenges, reinforcing the commitment to sustainable growth and value creation.
对PMW和Floor Liquidators的收购突显了重大进展，为收入增长做出了重大贡献。
该公司在本季度完成了股票回购，收购了11,849股普通股。
尽管市场面临挑战，但长期战略仍然坚定不移，重点是买入-建立，这强化了对可持续增长和价值创造的承诺。
More details: Live Ventures IR
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译文内容由第三方软件翻译。