Liquidity Services Announces Second Quarter Fiscal Year 2024 Financial Results
Liquidity Services, Inc. (LQDT)
Last liquidity services, inc. earnings: 2/6 06:55 am
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US:NASDAQ Investor Relations:
investors.liquidityservices.com
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Source: GlobeNewswire
Market Share Expansion Drives Double Digit Organic GMV Growth and Record Transaction Volumes GAAP Net Income up 35%, Non-GAAP Adjusted EBITDA up 22% BETHESDA, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended March 31, 2024, as compared to the corresponding prior year quarter: Gross Merchandise Volume (GMV) of $319.4 million, up 13%, and Revenue of $91.5 million, up 12%GAAP Net Income of $5.7 million, up 35%, and GAAP Diluted Earnings Per Share (EPS) of $0.18, up 38%Non-GAAP Adjusted EBITDA of $12.1 million, up $2.2 million, and Non-GAAP Adjusted EPS of $0.27, up $0.07Cash balances of $117.0 million1 with zero financial debt "Our marketplace platform and services continue to delight customers, fueling double digit organic revenue and GMV growth year-over-year. We are pleased that our balanced investments in
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News
- Liquidity Services Announces Participation in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Liquidity Services Announces Participation in Upcoming Investor ConferencesGlobeNewswire
- Liquidity Services, Inc. (NASDAQ: LQDT) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $27.00 price target on the stock.MarketBeat
- Liquidity Services, Inc. (NASDAQ: LQDT) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Liquidity Services, Inc. (NASDAQ:LQDT) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
LQDT
Earnings
- 5/9/24 - Beat
LQDT
Sec Filings
- 5/10/24 - Form 8-K
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- LQDT's page on the SEC website