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Nova Lifestyle, Inc.

Sales to North America were $22.5 million in the three months ended September 30, 2016, an increase of 4% from $21.6 million in the same period of 2015. Sales to Europe were $2.9 million in the three months ended September 30, 2016, an increase of 114.2% from $1.4 million in the same period of 2015 as European economies continued to improve, leading to increased sales volume. Cash and cash equivalents were $5.8 million at September 30, 2016, as compared to $1.0 million as of December 31, 2015. W … (See Research Report)
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