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.

“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 …

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