Live ventures reports fiscal second quarter 2025 financial results

Las vegas, may 08, 2025 (globe newswire) -- live ventures incorporated (nasdaq: live) (“live ventures” or the “company”), a diversified holding company, today announced financial results for its fiscal second quarter 2025 ended march 31, 2025.  fiscal second quarter 2025 key highlights: revenue was $107.0 million, compared to $118.6 million in the prior year period operating income increased $2.9 million to $2.1 million, compared to an operating loss of $0.8 million in the prior year period successfully negotiated a $19 million reduction on the balance owed under the flooring liquidators, inc. (“flooring liquidators”) seller note, which, when including the cancellation of accrued interest and other items, resulted in a $22.8 million net gain for live ventures income before provision for income taxes was $21.1 million, compared to the prior year period loss before benefit from income taxes of $4.5 million.
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