Nova Lifestyle, Inc (NVFY) News

Nova Lifestyle, Inc (NVFY): $2.99

0.13 (+4.55%)

POWR Rating

Component Grades

Momentum

C

Stability

F

Sentiment

Quality

F

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Industry: Consumer Goods

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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 Results

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 perio

Yahoo | November 14, 2023

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

It's time to start the day off with a breakdown of the biggest pre-market stock movers worth watching on Tuesday morning!

William White on InvestorPlace | September 12, 2023

Nova LifeStyle, Inc. Reports Second Quarter FY 2023 Results

LOS 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

Yahoo | August 14, 2023

Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday

It's time to start off the trading week with a breakdown of all the biggest pre-market stock movers worth watching on Monday!

William White on InvestorPlace | July 17, 2023

Nova LifeStyle, Inc. Completes 1 for 5 Reverse Stock Split

LOS 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

Yahoo | May 23, 2023

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...

Yahoo | May 18, 2023

Nova LifeStyle, Inc. Reports First Quarter FY 2023 Results

LOS 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

Yahoo | May 15, 2023

Nova LifeStyle Announces Fiscal 2022 Results and Outlook for 2023

LOS 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

Yahoo | April 17, 2023


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