Live Ventures full-year revenue declines amid softness in home construction
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Live Ventures' fiscal year 2025 revenue fell 5.9% year-over-year due to softness in home construction. Net income increased 185.2% year-over-year, driven by strategic initiatives. The company repurchased 59,704 shares at an average price of $8.85 per share. Revenue in the Retail-Entertainment segment increased by 9.1%. Targeted cost-reduction initiatives led to improved operating income and Adjusted EBITDA. The acquisition of Central Steel contributed to improved gross margins and operating income in Steel Manufacturing.
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