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年第二季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
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報告稱，第二季度收入大幅增長30.2％（1.186億美元），這受到新收購（PMW，Floor Liquidators）增加2960萬美元收入的重大影響。
該季度的毛利增長了3550萬美元，儘管由於新的收購和鋼鐵製造板塊的利潤率萎縮，毛利率下降至29.9％。
第二季度淨虧損約330萬美元，每股虧損1.04美元，受營業虧損和利息支出增加的反向影響。
Business Progress:
業務進展：
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.
對PMW和Floor Liquidators的收購突顯了重大進展，爲收入增長做出了重大貢獻。
該公司在本季度完成了股票回購，收購了11,849股普通股。
儘管市場面臨挑戰，但長期戰略仍然堅定不移，重點是買入-建立，這強化了對可持續增長和價值創造的承諾。
More details: Live Ventures IR
更多詳情： 實況風險投資IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。