Live Ventures FY23 EPS $(0.03), Sales $355.2M Up From $286.9M YoY
Portfolio Pulse from Benzinga Newsdesk
Live Ventures reported a fiscal year 2023 earnings per share (EPS) of $(0.03), with sales increasing to $355.2 million from $286.9 million year-over-year (YoY).
December 20, 2023 | 1:36 pm
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NEUTRAL IMPACT
Live Ventures reported a negative EPS of $(0.03) for FY23, but showed significant sales growth, increasing to $355.2M from $286.9M YoY.
The negative EPS could be a concern for short-term investors, potentially putting downward pressure on the stock. However, the substantial increase in sales indicates strong revenue growth, which could balance out the negative EPS impact and lead to a neutral short-term outlook for the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100