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Stock impact report

Liquidity Services Announces First Quarter Fiscal Year 2020 Financial Results

Liquidity Services, Inc. (LQDT) 
Last liquidity services, inc. earnings: 2/6 06:55 am Check Earnings Report
US:NASDAQ Investor Relations: investors.liquidityservices.com
Company Research Source: GlobeNewswire
GMV of $148.6 million -- GAAP Revenue of $49.5 million -- GAAP Net Loss of $5.2 millionNon-GAAP Adjusted EBITDA of $(2.1) millionLaunch of unified marketplace for industrial sellers expands opportunity and provides a superior user experience BETHESDA, Md., Feb. 06, 2020 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, today announced financial results for the first quarter fiscal year 2020 ended December 31, 2019. The Company's Q1-FY20 performance was within the guidance range for all metrics including Gross Merchandise Volume (GMV), GAAP Net Loss, GAAP EPS, Non-GAAP Adjusted EBITDA and Non-GAAP Adjusted EPS. "During our first quarter fiscal year 2020, the majority of our business performed well as our Retail Supply Chain Group (RSCG), GovDeals and Machinio segments continued to expand their market share while our Capital Assets Show less Read more
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