Bassett Furniture reported weak Q3 results due to a cybersecurity incident and persisting weak industry conditions, but I believe that the factors behind the earnings make the weak Q3 understandable.

On July, 10, Bassett Furniture Industries Inc. was hit by a substantial cybersecurity breach that led to a halt in manufacturing operations. The affects of that attack are still being felt.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

John Daniel; Senior Vice President, Chief Financial and Administrative Officer; Bassett Furniture Industries Inc Robert Spilman; Chairman of the Board, President, Chief Executive Officer ...

(RTTNews) - Bassett Furniture Industries Inc. (BSET) reported that its net loss for the third quarter ended August 31, 2024 widened to $4.51 million or $0.52 per share from $2.59 million or $0.30 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

BASSETT, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its third quarter ended August 31, 2024. In addition, ...

Good day and thank you for standing by. Welcome to Bassett Furniture Industries Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers ...

19, 2024, after market close. Bassett Furniture (NASDAQ: BSET) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings ...

Bassett Furniture Indus BSET will release its quarterly earnings report on Wednesday, 2024-10-09. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Bassett ...

Bassett Furniture (BSET) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.30 per share a year ago. These ...