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（納斯達克股票代碼：LIVE）報告稱，24財年第二季度銷售額同比增長30.2％，至1.18626億美元，超過了分析師共識估計的1.05億美元。
"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.
首席財務官戴維·韋雷特表示：“我們的第二季度收入與上年同期相比增長了30.2％，這主要是由於對地板清算人公司（“地板清算人”）和精密金屬工程公司（“PMW”）的戰略收購，兩者均於2023財年被收購，以及我們的地板製造部門收入的增加。”
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.
毛利增長了12.2％，達到3550萬美元，利潤率爲30％。該季度的運營支出增長了36.2％，至3,630萬美元。
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.
該公司的營業虧損爲83.8萬美元，而營業收入爲490萬美元。營業收入的下降主要歸因於零售地板板塊因地板清算人收購Carpet Remnant Outlet, Inc.和Johnson Floor & Home而暫時效率低下。
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.
調整後的息稅折舊攤銷前利潤同比下降51％，至450萬美元，調整後的息稅折舊攤銷前利潤率爲3.8％。每股收益（1.04）未達到分析師共識預期的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.
該公司在本季度回購了11,849股普通股，平均價格爲每股25.16美元。截至3月底，Live Ventures持有450萬美元的現金及等價物。
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總裁兼首席執行官喬恩·艾薩克表示：“儘管存在特定行業的不利因素，但我們致力於適應市場變化，保持運營效率並提高客戶滿意度。”
Price Action: LIVE shares are trading higher by 1.09% at $25.95 at the last check Monday.
價格走勢：週一最後一次檢查時，實盤股價上漲1.09％，至25.95美元。
Photo via Shutterstock
照片來自 Shutterstock
譯文內容由第三人軟體翻譯。