secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-066354
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LQDT Q2 FY2025: GMV $367.4M (+15%), revenue $116.4M (+27%), EPS $0.22
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- GAAP net income $7.1M (+24%); diluted EPS $0.22 (+22%). Non-GAAP adjusted EPS $0.31 (+15%).
- RSCG segment GMV up 29%; CAG GMV up 14% led by heavy equipment; GovDeals GMV up 9%.
- Cash $149M with zero debt; consignment sales 80% of consolidated GMV.
- Q3 guidance: GMV $395-430M, GAAP net income $6-9M, adjusted EBITDA $14.5-17.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000095017025066354/0000950170-25-066354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000095017025066354/lqdt-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-066354

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