Holding company Live Ventures's Q3 revenue falls 9.2%, posts profit on one-time gains

Live Ventures

07/08/2025 13:42

Corrects Adjusted EBITDA figure to $13.2 mln from $7.10 mln in Key Details table

Overview

Live Ventures fiscal Q3 revenue falls 9.2% yr/yr to $112.5 mln

Operating income surges 607.6% to $8.0 mln, driven by cost reductions

Net income rises to $5.4 mln from a loss, aided by one-time gains worth $2.8 mln

Result Drivers

REVENUE DECLINE - Revenue fell 9.2% due to decreased demand in Retail-Flooring and Steel Manufacturing segments

COST REDUCTION - Operating income surged 607.6% driven by lower compensation, marketing, and legal expenses

PRODUCT MIX - Retail-Entertainment segment revenue increased 15.2% due to changes in product mix towards higher-priced new products

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$112.50 mln
Q3 EPS
$1.24
Q3 Net Income
$5.40 mln
Q3 Adjusted EBITDA
$13.2 mln
Q3 Operating Income
$8 mln


Press Release: ID:nGNX7VFFqK

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)