NVFY - Earnings announcements

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the second quarter ended June 30, 2025. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2025: Net sales for three months ended June 30, 2025 were $2.56 million, a decrease of 5% from $2.69 million in the same period of 2024.Gross profit was $1.28 million compared to $1.19 million in the same period of 2024.Net loss was ($289 thousand), compared to ($536 thousand) loss in the same period of 2024. Operating Results for the Six Months Ended June 30, 2025: Net sales for the six months ended June 30,

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

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 2022. Net loss was ($539 thousand), compared to ($5.7 million) loss in the same period of 2022. Operating Results for the Six Months Ended June 30, 2023 Net sales for the six months ended Jun

LOS ANGELES, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the third quarter ended September 30, 2022. Key Financial Highlights: Operating Results for the Three Months Ended September 30, 2022: Net sales for three months ended Sept 30, 2022 were $3.0 million, an increase of 3% from $2.9 million in the same period of 2021.Gross profit was $1.1 million, compared to a gross profit of $1.4 million in the same period of 2021.Net loss from operations was $1.7 million, compared to $1.4 million loss in the same period of 2021. Operating Results for the Nine Months Ended September 30, 2022: Net

LOS ANGELES, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the second quarter ended June 30, 2022. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2022 Net sales for three months ended June 30, 2022 were $3.8 million, an increase of 7% from $3.5 million in the same period of 2021.Gross loss was ($3.5 million), compared to ($4 million) in the same period of 2021.Net loss was ($5.7 million), compared to ($6.3 million) loss in the same period of 2021. Operating Results for the Six Months Ended June 30, 2022 Net sales for the six mon

LOS ANGELES, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the third quarter ended September 30, 2021. Key Financial Highlights: Operating Results for the Three Months Ended September 30, 2021 Net sales for three months ended Sept 30, 2021 were $2.9 million, a decrease of 12% from $3.3 million in the same period of 2020.Gross profit was $1.4 million, compared to a gross loss of $6.6 million in the same period of 2020; Gross profit was $1.2 million if excluding our write down of $7.8 million of our slow-moving inventory in the same period of 2020.Net loss from continuing operations was $1

LOS ANGELES, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ:NVFY) ("Nova LifeStyle" or the "Company") today announced its financial results for the second quarter ended June 30, 2021. Key Financial Highlights: Operating Results for the Three Months Ended June 30, 2021 Net sales for three months ended June 30, 2021 were $3.6 million, an increase of 55% from $2.3 million in the same period of 2020.Gross profit (loss) was ($4.0 million), compared to $0.9 million profit in the same period of 2020. The gross profit (loss) for the period ended June 30, 2021 exclusive of the write-down for slow moving inventory of $5.53 million, would have been $1.5 million.Net loss was ($6.3 m