LIVE - Live Ventures Clocks FY23 Revenue Growth CFO Highlights Acquisitions as Key Driver | Benzinga
Live Ventures Inc (NASDAQ: LIVE) reported FY23 sales growth of 23.8% year-on-year to $355.17 million, beating the consensus of $353.6 million.
Retail Entertainment segment revenues of $78.12 million decreased by 9.3% Y/Y due to reduced demand. Retail Flooring segment revenues were $75.87 million.
Flooring Manufacturing Segment revenues of $109.77 million decreased by 16.1% Y/Y primarily due to reduced customer demand.
Steel Manufacturing Segment revenues of $88.91 million increased by 46.7% Y/Y primarily due to the acquisition of Kinetic.