Nova Lifestyle Q1 2024 Revenue $2.38M Up From $1.87M YoY
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LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the third quarter and nine months ended September 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended September 30, 2024: Net sales for three months ended Sept 30, 2024 were $2.6 million, an increase of 6% from $2.5 million in the same period of 2023.Gross profit was $1.2 million, compared to a gross profit of $1.1 million in the same period of 2023.Net loss from operations was $2.5 million, compared to $1.3 million loss in the same period of 2023. Operating Results for the Nine Months Ended Septembe
LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the second quarter ended June 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2024 Net sales for three months ended June 30, 2024 were $2.69 million, a decrease of 40% from $4.46 million in the same period of 2023.Gross profit was $1.19 million compared to $1.45 million in the same period of 2023.Net loss was ($563 thousand), compared to ($539 thousand) loss in the same period of 2023. Operating Results for the Six Months Ended June 30, 2024 Net sales for the six months ended June 30, 2
LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the third quarter ended September 30, 2023. Key Financial Highlights:Operating Results for the Three Months Ended September 30, 2023 Net sales for three months ended September 30, 2023 were $2.5 million, a decrease of 18% from $3.0 million in the same period of 2022.Gross profit was $1.1 million compared to $1.1 million in the same period of 2022.Net loss was ($1.3 million), compared to ($1.7 million) loss in the same period of 2022. Operating Results for the Nine Months Ended September 30, 2023 Net sales for the nine months end
4 - Nova Lifestyle, Inc. (0001473334) (Issuer)
4 - Nova Lifestyle, Inc. (0001473334) (Issuer)
4 - Nova Lifestyle, Inc. (0001473334) (Issuer)
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EFFECT - Nova Lifestyle, Inc. (0001473334) (Filer)
S-3/A - Nova Lifestyle, Inc. (0001473334) (Filer)
10-Q - Nova Lifestyle, Inc. (0001473334) (Filer)
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LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the third quarter and nine months ended September 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended September 30, 2024: Net sales for three months ended Sept 30, 2024 were $2.6 million, an increase of 6% from $2.5 million in the same period of 2023.Gross profit was $1.2 million, compared to a gross profit of $1.1 million in the same period of 2023.Net loss from operations was $2.5 million, compared to $1.3 million loss in the same period of 2023. Operating Results for the Nine Months Ended Septembe
LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the second quarter ended June 30, 2024. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2024 Net sales for three months ended June 30, 2024 were $2.69 million, a decrease of 40% from $4.46 million in the same period of 2023.Gross profit was $1.19 million compared to $1.45 million in the same period of 2023.Net loss was ($563 thousand), compared to ($539 thousand) loss in the same period of 2023. Operating Results for the Six Months Ended June 30, 2024 Net sales for the six months ended June 30, 2
LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced financial results for the first quarter ended March 31, 2024. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, "It is with great pleasure that we announce financial and operating results that showed increases in revenues, sales volume and higher gross profit margins. We continue to collaborate with our customers to ensure we provide furniture that meets their needs with respect to design, functionality and trends, while also working with manufacturers and suppliers on a consistent basis resulting in product availability and maint