earnings
confidence high
sentiment positive
materiality 0.75
Liquidity Services Q2 FY2024: GAAP EPS $0.18 (+38% YoY), revenue $91.5M (+12%)
LIQUIDITY SERVICES INC
2024-Q2 EPS reported
$0.24
revenue$162,778,000
- GMV of $319.4M (+13% YoY); GAAP net income $5.7M (+35%); adjusted EBITDA $12.1M (+22%).
- All four segments grew revenue: GovDeals +22%, RSCG +6%, CAG +30%, Machinio +21%.
- Record Q2 RSCG GMV driven by AllSurplus Deals (sequential GMV growth >60%).
- Q3 FY2024 guidance: GMV $350M-$385M, adj. EBITDA $10.5M-$13.5M, adj. EPS $0.20-$0.28.
- Cash balance $117.0M, zero debt; Sierra Auction acquisition closed in January 2024.