NVFY - Nova Lifestyle, Inc.
Region: US
Website: novalifestyle.com
Employees: 30
IPO year: 2011
Issue type: Common Stock
Market: XNAS
Industry: Consumer Goods/Household Furniture
Sector: Manufacturing
Nova LifeStyle, Inc. designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers. The company distributes its products under the Diamond Sofa brand directly, as well as through internet sales and online marketing campaigns.
NVFY Stock Slides Post Earnings Despite Narrower Net Loss
Nova LifeStyle reports lower revenues but improved margins in 2024, with sales gains in North America offset by declines in Asia and other regions.
Read moreNova LifeStyle Full Year 2024 Earnings: US$1.48 loss per share (vs US$4.96 loss in FY 2023)
Nova LifeStyle ( NASDAQ:NVFY ) Full Year 2024 Results Key Financial Results Revenue: US$9.69m (down 13% from FY 2023...
Read moreNova LifeStyle Announces Fiscal 2024 Financial Results
LOS ANGELES, March 31, 2025 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2024. Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle, stated, “The Company has substantially changed over the last few years. We have improved our day-to-day operations to ensure we have a long-term strategy in place to weather numerous storms, including the implementation of tariffs,
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