EVINE Live Inc (EVLV) Releases Earnings Results, Misses Expectations By $-0.03 EPS

EVINE Live Inc (EVLV) reported quarterly earnings results on Wednesday, May-25-2016. The company reported $-0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $-0.06. The company posted revenue of $166.90 million in the period, compared to analysts expectations of $162.13 million. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.04 EPS.

EVINE Live Inc closed down -0.0223 points or -2.19% at $0.9977 with 1,65,125 shares getting traded on Friday. Post opening the session at $1, the shares hit an intraday low of $0.99 and an intraday high of $1.095 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 11, 2016, Lowell W Robinson (director) purchased 6,500 shares at $1.15 per share price. According to the SEC, on Apr 11, 2016, Nick Vassallo (SVP, Corporate Controller) purchased 9,300 shares at $1.21 per share price. On Apr 11, 2016, Damon E. Schramm (SVP, Genl Counsel & Secy) purchased 10,000 shares at $1.20 per share price, according to the Form-4 filing with the securities and exchange commission.

EVINE Live Inc. formerly ValueVision Media Inc. is a digital commerce company. The Company markets sells and distributes products to consumers through television (TV) online mobile and social media. The Company operates an around the clock television shopping network EVINE Live which is distributed primarily on cable and satellite systems through which the Company offers brand name and private label products in the categories of jewelry and watches home and consumer electronics beauty health and fitness and fashion and accessories. It also operates evine.com a digital commerce platform that sells products which appear on its television shopping network as well as an extended assortment of online-only merchandise. Its programming and products are also marketed through mobile devices including smartphones and tablets and through the social media channels.

EVINE Live Inc

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