---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-056217"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:59:54.266766+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Liquidity Services Q2 FY2024: GAAP EPS $0.18 (+38% YoY), revenue $91.5M (+12%)

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-056217
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000095017024056217/0000950170-24-056217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000095017024056217/lqdt-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056217
- JSON: https://secwatch.observer/filing/0000950170-24-056217.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056217.txt

## Key facts
- Earnings Releases
  LIQUIDITY SERVICES INC reported quarter ended March 31, 2024 results: revenue $91.5 million, net income $5.7 million, EPS $0.18 per share.
  - Period: quarter ended March 31, 2024
  - Revenue: $91.5 million
  - Net income: $5.7 million
  - EPS: $0.18 per share
  - Result: reported results
  source text: results for the quarter ended March 31, 2024, as compared to the corresponding prior year quarter: • Gross Merchandise Volume (GMV) of $319.4 million, up 13%, and Revenue of $91.5 million, up 12% • GAAP Net Income of $5.7 million, up 35%, and GAAP Diluted Earnings Per Share (EPS) of $0.18, up 38% • Non-GAAP Adjusted EBITDA of $12.1 million, up $2.2 million, and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235468/000095017024056217/0000950170-24-056217-index.htm

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