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Stock impact report

Liquidity Services Announces Second Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]

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: Yahoo! Finance
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 $0.07 Cash balances of $117.0 million 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 sales, operations and platform automation are being rewarded across our diversified segments with market share expansion and record buyer par Show less Read more
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