---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012535"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:24:36.686695+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Liquidity Services Q1 FY2024: GMV up 13% to $305.9M but revenue down 1%; net income falls to $1.9M

## Summary
- GMV $305.9M (+13% YoY) driven by GovDeals (+18%) and CAG (+9%); revenue $71.3M (-1%).
- GAAP net income $1.9M ($0.06 EPS) vs $4.0M ($0.12) prior year; Adjusted EBITDA $7.3M vs $9.8M.
- Acquired Sierra Auction Management (Jan 1, 2024) to strengthen government/commercial vehicle and asset sales.
- Q2 FY2024 guidance: GMV $320-$350M, GAAP EPS $0.09-$0.19, Adjusted EPS $0.17-$0.27.

## SEC filing metadata
- accession: 0000950170-24-012535
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000095017024012535/0000950170-24-012535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000095017024012535/lqdt-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012535
- JSON: https://secwatch.observer/filing/0000950170-24-012535.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012535.txt

## Key facts
- Earnings Releases
  LIQUIDITY SERVICES INC reported financial results for the quarter ended December 31, 2023.
  - Period: the quarter ended December 31, 2023
  - Result: reported results
  source text: On February 8, 2024, Liquidity Services, Inc. (the “Company”) announced its financial results for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017024012535/0000950170-24-012535-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.