secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017452
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidity Services Q2 FY2023: GMV up 2% to $282.7M, Adj. EPS $0.20, guides Q3 GMV $300-330M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023017452/0000950170-23-017452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023017452/lqdt-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017452

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