secwatch.observer — SEC 8-K summary
======================================

Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000950170-23-001637
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidity Services Q1 FY23: GMV +4% to $270.8M, adjusted EPS $0.19, guides Q2 GMV $260M-$285M
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023001637/0000950170-23-001637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023001637/lqdt-20230202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001637

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer