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Stock impact report

Liquidity Services Announces Fourth Quarter Fiscal Year 2024 Financial Results [Yahoo! Finance]

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: Yahoo! Finance
BETHESDA, Md., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended September 30, 2024, as compared to the corresponding prior year quarter: Gross Merchandise Volume (GMV) of $361.0 million, up 14%, and Revenue of $106.9 million, up 34% GAAP Net Income of $6.4 million, up $0.1 million, and GAAP Diluted Earnings Per Share (EPS) of $0.20 Non-GAAP Adjusted EBITDA of $14.5 million, up 13%, and Non-GAAP Adjusted EPS of $0.32, up 23% Cash balances of $155.5 million with zero financial debt "Our strong fourth quarter results capped a successful year of market share expansion and consistent growth in Fiscal Year 2024 backed by investments in innovation, service and execution for our customers. We achieved double-digit consolidated GMV growth in each quarter throughout the year and each of our segments achieved double- Show less Read more
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