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Latest NVFY News From Around the Web
Below are the latest news stories about NOVA LIFESTYLE INC that investors may wish to consider to help them evaluate NVFY as an investment opportunity.
Nova LifeStyle, Inc. Reports Third Quarter FY 2023 ResultsLOS 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 perio |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on TuesdayIt's time to start the day off with a breakdown of the biggest pre-market stock movers worth watching on Tuesday morning! |
Nova LifeStyle, Inc. Reports Second Quarter FY 2023 ResultsLOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2023 Net sales for three months ended June 30, 2023 were $4.5 million, an increase of 17% from $3.8 million in the same period of 2022. Gross profit was $1.4 million compared to ($3.5 million) loss in the same period of |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on MondayIt's time to start off the trading week with a breakdown of all the biggest pre-market stock movers worth watching on Monday! |
Nova LifeStyle, Inc. Completes 1 for 5 Reverse Stock SplitLOS ANGELES, May 23, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that it has completed a one-for-five reverse stock split (the “Reverse Stock Split”). On May 22, 2023, the Company filed a Certificate of Change Pursuant to NRS 78.209 with the Nevada Secretary of State to effect the Reverse Stock Split, which became effective upon filing. As a result of the Reverse Stock Split, every 5 shares of the Company’s common stock issued |
Nova LifeStyle First Quarter 2023 Earnings: US$0.17 loss per share (vs US$0.13 loss in 1Q 2022)Nova LifeStyle ( NASDAQ:NVFY ) First Quarter 2023 Results Key Financial Results Revenue: US$1.87m (down 49% from 1Q... |
Nova LifeStyle, Inc. Reports First Quarter FY 2023 ResultsLOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2023. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “We are disappointed with the decline in sales that we experienced during the quarter, which we attribute to macro economic conditions and the monetary policy in the United States.” Key Financial Highlights: Net sales from con |
Nova LifeStyle Announces Fiscal 2022 Results and Outlook for 2023LOS ANGELES, April 17, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2022. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “During 2022 we took a number of initiatives to ensure our product lines were marketed effectively throughout the globe, in the face of supply chain challenges and unprecedented spikes in international container freight cos |