Nova Lifestyle

Nova Lifestyle, Inc. engages in designing, marketing, and manufacturing of modern home furniture. The firm offers living room, urban dining, bedroom, and nova qwik products. It sells its products under the brand name, Diamond Sofa. The company was founded by Ya Ming Wong and Yuen Ching Ho in 1992 and is headquartered in Commerce, CA.

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Nova Lifestyle, Inc. engages in design, marketing, and manufacture of modern home furniture. The firm offers living room, urban dining, bedroom, and nova qwik products. It sells its products under the brand name Nova and Diamond Sofa. The company was founded by Ya Ming Wong and Yuen Ching Ho in 1992 and is headquartered in Commerce, CA.

NVFY reports third-quarter losses as operational costs rise. Sales growth in North America offers a glimmer of hope.

Nova LifeStyle Stock Falls Despite Q3 Earnings Uptick Y/Y, Revenues Up

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.

Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results

Discover why Zacks rates Nova LifeStyle as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore NVFY's inventory management strengths and financial health amid market challenges.

Zacks Initiates Coverage of Nova LifeStyle With Neutral Recommendation

Nova Lifestyle Inc. (NVFY, Financial) recently saw a significant decline in its stock price, which dropped by 5.30%, bringing it to $1.34 per share with a trading volume of 6,867 shares. The stock's turnover rate stood at 0.22%, with a volatility of 3.89% in the furniture and appliances sector, which overall decreased by 1.12%.

Nova Lifestyle (NVFY) Shares Plummet Amid Earnings Report

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.

Nova LifeStyle, Inc. Reports Second Quarter FY 2024 Results

LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2024.

Nova LifeStyle, Inc. Reports First Quarter FY 2024 Results

LOS ANGELES, April 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2023.

Nova LifeStyle Announces Fiscal 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.

Nova LifeStyle, Inc. Reports Third 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.

Nova LifeStyle, Inc. Reports Second Quarter FY 2023 Results

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”).

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

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.

Nova LifeStyle, Inc. Reports First Quarter FY 2023 Results

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.

Nova LifeStyle Announces Fiscal 2022 Results and Outlook for 2023

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.

Nova LifeStyle, Inc. Reports Third Quarter FY 2022 Results

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.

Nova LifeStyle, Inc. Reports Second Quarter FY 2022 Results

LOS ANGELES, May 13, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2022.

Nova LifeStyle, Inc. Reports First Quarter FY 2022 Results

LOS ANGELES, May 02, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, is scheduled to launch its single largest collection at the 2022 Summer Edition of Las Vegas Market, July 24 to 28, 2022. Las Vegas Market is the leading home furnishings and gift market in the western U.S., presenting thousands of furniture, home décor and gift resources in an unrivaled market destination. Its diverse product offerings allow for cross category commerce among these industries.

Nova LifeStyle Inc. to Debut 30th Anniversary Collection at Summer Edition of Las Vegas Market

LOS ANGELES, April 08, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2021.

Nova LifeStyle Announces Fiscal 2021 Results

LOS ANGELES, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, participated at the Winter Edition of Las Vegas Market, January 23 to 27.

Diamond Sofa Celebrates 30 Year Anniversary at the 2022 Las Vegas Market

LOS ANGELES, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY ) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, participated at Las Vegas Market Summer 2021 which took place August 22 - 26.

Nova LifeStyle Inc. Provides Update on Successful Las Vegas Market 2021 Tradeshow

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.

Nova LifeStyle, Inc. Reports Second Quarter FY 2021 Results

LOS ANGELES, July 23, 2021 (GLOBE NEWSWIRE) -- Nova Lifestyle, Inc. (NASDAQ Capital Market: NVFY) (the "Company"), today announced that it has entered into definitive agreements with certain institutional investors to purchase 1,114,508 of its shares of common stock in a registered direct offering. Additionally, the Company has also agreed to issue to the investors unregistered warrants to purchase up to an aggregate of 1,114,508 shares of common stock in a concurrent private placement. The combined purchase price for one share of common stock and a warrant to purchase one share of common stock is $2.80. The warrants have an exercise price of $3.50 per share, will be exercisable beginning six-months from the date of issuance, and will expire five and one half years from the date of issuance.

Nova Lifestyle, Inc. Announces Pricing of $3.1 Million Registered Direct Offering

LOS ANGELES, June 21, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, has successfully exhibited a new design line at the High Point Market furniture trade show June 5th thru 9th.

Nova LifeStyle Exhibits New Design Line at First High Point Market Furniture Trade Show Following Pandemic

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LOS ANGELES, May 17, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2021.

Nova LifeStyle, Inc. Reports First Quarter FY 2021 Results

LOS ANGELES, March 29, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2020.

News for Nova Lifestyle Stock (NVFY)