earnings
confidence high
sentiment neutral
materiality 0.70
Liquidity Services Q2 FY2023: GMV up 2% to $282.7M, Adj. EPS $0.20, guides Q3 GMV $300-330M
LIQUIDITY SERVICES INC
2023-Q2 EPS reported
$0.25
revenue$153,736,000
- GMV $282.7M (+2%), revenue $81.5M (+19%); GAAP net income $4.2M ($0.13 EPS).
- Non-GAAP adj. EBITDA $9.9M (+$0.7M), adj. EPS $0.20 (+$0.03); cash $101.2M, no debt.
- RSCG segment GMV record $73.3M (+24%); GovDeals GMV down 7% due to real estate headwinds.
- Repurchased 750k shares for $9.8M during the quarter.
- Q3 FY2023 guidance: GMV $300-330M, Adj. EBITDA $10-13M, Adj. EPS $0.16-0.24.