Live Ventures Reports Q2 Net Loss of $2.4M, Operating Loss Amid Revenue Decline and Goodwill Impairment
LIVE sits 68% above its 52-week low of $7.01 on elevated volume (2.8× avg).
Summary
Live Ventures reported a Q2 net loss of $2.4 million and an operating loss, driven by a goodwill impairment and revenue decline in its Retail-Flooring segment.
Key Events · Earnings and Guidance · LIVE
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Q2 Revenue Decline
Total revenue decreased 3.8% year-over-year to $102.9 million, primarily due to a 26.2% decline in the Retail-Flooring segment.
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Swing to Operating Loss
The company reported an operating loss of $2.0 million, compared to an operating income of $2.1 million in the prior-year period, largely due to a $4.0 million goodwill impairment.
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Net Loss Reported
Live Ventures posted a net loss of $2.4 million (diluted EPS -$0.80), a significant drop from a net income of $15.9 million (diluted EPS $5.05) in the prior year, which included a large one-time gain.
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Goodwill Impairment
A non-cash goodwill impairment charge of $4.0 million was recorded in the Steel Manufacturing segment.
Analysis · LIVE · Trade & Services
Live Ventures reported a net loss and an operating loss for Q2 2026, a significant reversal from the prior year. The results were impacted by a $4.0 million non-cash goodwill impairment in its Steel Manufacturing segment and continued macroeconomic headwinds affecting its Retail-Flooring business. While some segments showed growth, the overall financial performance indicates ongoing challenges.
At the time of this filing, LIVE was trading at $11.77 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $36.2M. The 52-week trading range was $7.01 to $25.42. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.