Live Ventures Celebrates 15 Years Listed on Nasdaq
February 16 2023 - 8:30AM
Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding
company (“Live Ventures”), announced that it is celebrating its
15th year on the Nasdaq Stock Market. To commemorate Live Ventures’
15th anniversary, Nasdaq displayed a special congratulatory message
on its famed seven-story MarketSite Tower in Times Square.
“We are honored to have been listed on Nasdaq for 15 years and
appreciate that they have recognized our listing. Nasdaq is a
trusted pillar of the capital markets and innovation, providing
liquidity, resiliency, and transparency, and we are proud to be
listed on Nasdaq,” commented Jon Isaac, President and CEO of Live
Ventures. “Since Live Ventures refocused into a diversified holding
company in 2015, revenues have grown from $79 million in the fiscal
year 2016 to $287 million in the fiscal year 2022, a 24% compound
annual growth rate. We provide investors an opportunity to invest
in a Nasdaq-listed company that acquires, operates, invests, and
grows American middle-market companies. We look forward to many
more years of listing on the Nasdaq Stock Market as we continue to
execute our multi-lever “buy-build-hold” strategic plan to create
stockholder value.”
About Live VenturesLive Ventures is a
diversified holding company with a strategic focus on
value-oriented acquisitions of domestic middle-market companies.
Live Ventures’ acquisition strategy is sector agnostic and focuses
on well-run, closely held businesses with a demonstrated track
record of earnings growth and cash flow generation. The Company
looks for opportunities to partner with management teams of its
acquired businesses to build increased stockholder value through a
disciplined buy-build-hold long-term focused strategy. Live
Ventures was founded in 1968. In late 2011 Jon Isaac, CEO and
strategic investor, joined the Board of Directors and later
refocused it into a diversified holding company. The Company’s
current portfolio of diversified operating subsidiaries includes
companies in the textile, flooring, tools, steel, entertainment,
and financial services industries.
Contact:Live Ventures IncorporatedGreg Powell,
Director of Investor
Relations725.500.5597gpowell@liveventures.comwww.liveventures.com
Source: Live Ventures Incorporated
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6d24133b-e886-4fed-8441-3862091e4813
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