Liquidity Services Q4 GMV up 11% to $315.6M; adjusted EPS $0.26 up 37%

LIQUIDITY SERVICES INC

GMV $315.6M (+11% YoY), revenue $80.0M (+6%); GAAP net income $6.3M ($0.20 diluted EPS).
Non-GAAP adjusted diluted EPS $0.26 (+37% YoY); Adjusted EBITDA $12.8M (+$0.5M).
Annual GMV record $1.2B; highest Non-GAAP Adjusted EBITDA since 2014.
Q1 FY24 guidance: GMV $295M-$325M; Non-GAAP Adj EBITDA $7M-$10M; GAAP net income $1.5M-$4.0M.
GovDeals GMV +14%, RSCG GMV +18% (quarterly record), CAG GMV -4% due to prior year large spot purchases.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LIQUIDITY SERVICES INC reported financial results for the quarter ended September 30, 2023.

Period: the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On December 7, 2023, Liquidity Services, Inc. (the “Company”) announced its financial results for the quarter ended September 30, 2023. The full text of the press release (the “Press Release”) issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K.

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LIQUIDITY SERVICES INC filing history →

Source: SEC EDGAR

accession 0000950170-23-068679

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