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Stock impact report

Liquidity Services Announces Second Quarter Fiscal Year 2019 Financial Results

Liquidity Services, Inc. (LQDT) 
Last liquidity services, inc. earnings: 2/6 06:55 am Check Earnings Report
US:NASDAQ Investor Relations: investors.liquidityservices.com
Company Research Source: GlobeNewswire
GMV of $155.4 million -- GAAP Revenue of $56.8 million -- GAAP Net Loss of $(4.4) millionNon-GAAP Adjusted EBITDA of $0.9 millionExecution of growth strategy drives 23% improvement in GAAP Net Loss and 143% improvement in consolidated Non-GAAP Adjusted EBITDA growthDouble-digit organic GMV and GAAP Revenue growth year-over-year, excluding completed DoD Surplus Contract, reflects continued execution of our RISE strategy for core business BETHESDA, Md., May 08, 2019 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, today announced financial results for the second quarter fiscal year 2019 ended March 31, 2019. The Company's Q2-FY19 performance exceeded our guidance range for GAAP Net Loss, Non-GAAP Adjusted EBITDA, GAAP EPS, and Non-GAAP Adjusted EPS and was within guidance range for Gross Merchandise Volume (GMV). "Our continued year-over- Show less Read more
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