- LIVE announced Q1 results that included 49% revenue growth and a 109% increase in operating profits, leading to a fully diluted EPS of $1.63 for the quarter.
- All segments showed improvement in top line revenue and net margins, including its retail segment despite the pandemic.
- LIVE paid off $24 million in debt following its Q1; a testament to its continued strong cash flow generation. Expect a reduction in interest expense going forward.
- My personal target on LIVE is $75 using a $5.00 fully diluted EPS estimate and 15 P/E ratio. Both of which I feel are sufficiently conservative assumptions.
For further details see:
Live Ventures Marches Higher On Strong Q1 Numbers; Price Target $75