earnings
confidence high
sentiment positive
materiality 0.75
Liquidity Services Q3 GMV record $334M; revenue $80.8M (+16% YoY); adj. EPS $0.28
LIQUIDITY SERVICES INC
2023-Q3 EPS reported
$0.46
revenue$234,505,000
- GMV record $334.0M (+3% YoY); revenue $80.8M (+16% YoY); GAAP net income $6.5M ($0.21 EPS) vs $16.4M prior (included $11.5M earn-out benefit).
- RSCG GMV up 20% to $72.7M; GovDeals GMV down 4% to $213.1M on lower real estate; CAG GMV up 14%.
- Non-GAAP adj. EBITDA $13.3M (+$1.5M YoY); adj. diluted EPS $0.28 vs $0.21; cash $105.9M, no debt; $4.2M share repurchases.
- Q4 FY2023 guidance: GMV $290-$315M; GAAP net income $4.0-$6.5M; adj. diluted EPS $0.19-$0.27.