Live Ventures swings to $1.1 million Q3 net loss as revenue falls 3.2%
Live Ventures reported fiscal third-quarter results for the quarter ended June 30, 2026. Revenue fell 3.2% to $108.9 million, operating income dropped to $5.3 million from $8.0 million, and the company posted a net loss of $1.1 million, or $0.34 per share, compared with net income of $5.4 million, or $1.24 per diluted share, a year earlier. Shareholders face lower profitability and a loss this quarter, driven mainly by a 29.4% revenue decline in the Retail-Flooring segment.
Key points
- Revenue was $108.9 million, down 3.2% from $112.5 million; Retail-Flooring revenue fell about $9.0 million, or 29.4%.
- Net loss was $1.1 million, or $0.34 per diluted share, versus net income of $5.4 million, or $1.24 per diluted share, a year earlier, which included a $1.5 million Employee Retention Credit gain and a $1.3 million holdback gain.
- Adjusted EBITDA was $9.3 million, down 29.5% from $13.2 million; Retail-Entertainment and Steel Manufacturing revenue rose 12.7% and 7.3%.
- For the nine months, the net loss was $3.6 million, or $1.16 per share, including a non-cash goodwill impairment of about $4.0 million; about $9.5 million remains under the $10 million share repurchase program.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.