secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056217
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017024056217/0000950170-24-056217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017024056217/lqdt-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056217

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