earnings
confidence high
sentiment neutral
materiality 0.65
Liquidity Services Q1 FY23: GMV +4% to $270.8M, adjusted EPS $0.19, guides Q2 GMV $260M-$285M
LIQUIDITY SERVICES INC
2023-Q1 EPS reported
$0.12
revenue$72,282,000
- GMV $270.8M (+4% YoY); revenue $72.3M (+8%); GAAP diluted EPS $0.12 (up from $0.10).
- Non-GAAP adjusted diluted EPS $0.19 (up from $0.18); adjusted EBITDA $9.8M (+$0.4M).
- Segment: GovDeals GMV +3%, RSCG +22%, CAG -10%; Machinio revenue +15%.
- Repurchased 0.5M shares for $7.2M during quarter; cash $79.9M, no debt.
- Q2 FY23 guidance: GMV $260M-$285M; GAAP net income $1.0M-$3.5M; adjusted EBITDA $6.5M-$9.0M.