earnings
confidence high
sentiment positive
materiality 0.70
Liquidity Services Q3: Record GMV $380M (+14%), Revenue $93.6M (+16%), Adj EBITDA $14.7M (10-yr high)
LIQUIDITY SERVICES INC
2024-Q3 EPS reported
$0.43
revenue$256,391,000
- Record GMV of $380.4M (+14% YoY); consolidated revenue $93.6M (+16% YoY).
- GAAP net income $6.0M ($0.19 diluted EPS) vs $6.5M ($0.21) in prior year quarter; decline due to $0.8M net acquisition/litigation costs.
- Non-GAAP Adjusted EBITDA $14.7M, highest in 10 years (+$1.4M YoY); Non-GAAP Adjusted EPS $0.30 (vs $0.28).
- GovDeals segment GMV record $250M (+17%); RSCG GMV +9%; Machinio revenue +15%, record.
- Q4 FY2024 guidance: GMV $330-365M, GAAP net income $5-7M, Adjusted EBITDA $12-15M.