secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000950170-23-037558
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidity Services Q3 GMV record $334M; revenue $80.8M (+16% YoY); adj. EPS $0.28
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023037558/0000950170-23-037558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017023037558/lqdt-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037558

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