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NVFY have experienced significant declines in the wake of its third-quarter earnings release on Nov. 14, 2024, for the quarter ended Sept. 30. The stock has lost 15.2% since the announcement, sharply underperforming the S&P 500 index’s 2% decline over the same period. Over the past month, NVFY shares have seen a staggering 48.9% loss, a stark contrast to the 0.6% gain in the S&P 500 during that time frame.For the quarter ended Sept. 30, 2024, Nova LifeStyle reported net sales of $2.6 million, a modest 5.6% increase from $2.5 million in the same quarter last year. This increase in net sales resulted primarily from a 19% increase in average selling price.Nova Lifestyle, Inc Price, Consensus and EPS Surprise. Nova Lifestyle, Inc price-consensus-eps-surprise-chart | Nova Lifestyle, Inc Quote","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Fs.zEOIhxGf7t8eaUSmjWw--~B/aD02MjA7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f4f040597ee01c61420a977a95c5b391","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Fs.zEOIhxGf7t8eaUSmjWw--~B/aD02MjA7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f4f040597ee01c61420a977a95c5b391"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nova-lifestyle-stock-falls-despite-172700821.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NVFY"],"gpt_icon":0},{"id":"2484635503","title":"Nova LifeStyle Third Quarter 2024 Earnings: US$0.72 loss per share (vs US$0.83 loss in 3Q 2023)","url":"https://stock-news.laohu8.com/highlight/detail?id=2484635503","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484635503?lang=en_us&edition=fundamental","pubTime":"2024-11-17 21:31","pubTimestamp":1731850307,"startTime":"0","endTime":"0","summary":"NasdaqCM:NVFY Earnings and Revenue History November 17th 2024. All figures shown in the chart above are for the trailing 12 month  period. Nova LifeStyle shares are down 26% from a week ago.You still need to take note of risks, for example - Nova LifeStyle has   5 warning signs    we think you should know about.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nova-lifestyle-third-quarter-2024-133147762.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NVFY"],"gpt_icon":0},{"id":"2483359125","title":"Nova Lifestyle Q3 EPS $(0.72) Up From $(0.83) YoY, Sales $2.62M Up From $2.48M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2483359125","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483359125?lang=en_us&edition=fundamental","pubTime":"2024-11-15 06:35","pubTimestamp":1731623738,"startTime":"0","endTime":"0","summary":"Nova Lifestyle (NASDAQ:NVFY) reported quarterly losses of $(0.72) per share. This is a 13.25 percent increase over losses of $(0.83) per share from the same period last year.  The company reported $2.62 million in sales","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41994283/nova-lifestyle-q3-eps-0-72-up-from-0-83-yoy-sales-2-62m-up-from-2-48m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Nova Lifestyle Q3 EPS $(0.72) Up From $(0.83) YoY, Sales $2.62M Up From $2.48M YoY","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVFY"],"gpt_icon":0},{"id":"2483648337","title":"Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2483648337","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483648337?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:01","pubTimestamp":1731618060,"startTime":"0","endTime":"0","summary":"LOS ANGELES, Nov. 14, 2024  -- Nova LifeStyle, Inc.  today announced its financial results for the third quarter and nine months endedSeptember 30, 2024.Net sales for three months endedSept 30, 2024were$2.6 million, an increase of 6% from$2.5 millionin the same period of 2023.Gross profit was $1.2 million, compared toa gross profit of $1.1 million in the same period of 2023.Net loss from operations was$2.5 million, compared to$1.3millionloss in the same period of 2023.Gross profit was $3.4 million, compared toa gross loss of $3.2 million in the same period of 2023.Net loss from operations was$4.5 million, compared to$3.0millionloss in the same period of 2023.This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, among others, our ability to fully resume our operations and remain financially healthy, our expected future growth pro","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/OqLquhSPjrgkR7v1MtRvrg--~B/aD0zMTY7dz0zMDg7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/globenewswire.com/94874c6ac964aeef1fa01064bcdb293d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/OqLquhSPjrgkR7v1MtRvrg--~B/aD0zMTY7dz0zMDg7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/globenewswire.com/94874c6ac964aeef1fa01064bcdb293d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/nova-lifestyle-inc-reports-third-210100096.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4095","NVFY"],"gpt_icon":1}],"pageSize":4,"totalPage":2,"pageCount":1,"totalSize":8}]}}