secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-093292
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidity Services Q3: Record GMV $380M (+14%), Revenue $93.6M (+16%), Adj EBITDA $14.7M (10-yr high)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017024093292/0000950170-24-093292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017024093292/lqdt-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-093292

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