Liquidity Services

Liquidity Services, Inc. engages in the provision of e-commerce solutions to manage, value, and sell inventory and equipment for business and government clients. It operates through the following business segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. The GovDeals segment provides self-directed service solutions that enable local and state government entities including city, county, and state agencies to sell surplus and salvage assets through the firm's GovDeals marketplace. The CAG segment offers managed and self-directed service solutions to sellers and consists of marketplaces that enable commercial businesses to sell surplus and idle assets. CAG also offers a suite of services that includes surplus management, asset valuation, asset sales, and marketing. The RSCG segment consists of marketplaces that enable corporations located in the U.S. and Canada to sell surplus and salvage consumer goods and retail capital assets. Its services also include returns management, asset recovery, and e-commerce services. The Machinio segment operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. The company was founded by William P. Angrick III, Jaime Mateus-Tique and Benjamin Ronald Brown in November 1999 and is headquartered in Bethesda, MD.

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Liquidity Services reports robust Q1 earnings, eyes growth opportunities

Liquidity Services demonstrated resilience in Q1 with strong financial performance despite sector-specific challenges.
The company's diversified segments show promise for future growth and profitability.
Strategic focus on organic growth, acquisitions, and segment expansion positions Liquidity Services for continued success.
Management's guidance for Q2 reflects a proactive approach to navigating market dynamics and sustaining performance.

Liquidity Services reports mixed Q2 results, eyes growth opportunities

Liquidity Services delivered a mixed performance with strong growth in retail and CAG segments but a decline in GovDeals segment GMV.
The company's focus on cash flow generation and share repurchases demonstrates financial discipline.
Management's guidance for the next quarter indicates a positive outlook with expected GMV in the range of $300-330 million.

Liquidity Services achieves record GMV and earnings growth in Q3

Liquidity Services delivered a strong performance in Q3 with record GMV and notable earnings growth.
The company's financial position is solid with significant cash reserves and no financial debt.
While facing challenges in the GovDeals segment, Liquidity Services has opportunities for growth and market expansion.
Overall, Liquidity Services is well-positioned for continued success and profitability in the upcoming quarters.

Liquidity Services achieves record GMV and plans Asia expansion

Liquidity Services delivered strong financial performance, operational efficiency, and segment-wise growth in Q4 2023.
Despite challenges, the company's financial flexibility, strategic investments, and service model position it for long-term success.
Opportunities for growth lie in market expansion, technology enhancements, and geographic diversification into Asia in the coming year.
Navigating challenges and leveraging strengths, Liquidity Services aims for sustained growth and market leadership in the surplus asset management sector.

Liquidity Services reports solid Q1 growth and strategic expansions

Liquidity Services Inc. delivered a strong Q1 performance with notable organic growth and successful market expansions, positioning the company for future success.
Despite challenges in certain segments, the company's strategic initiatives and financial strength offer resilience and growth potential in the upcoming quarters.
Opportunities in new markets and increased market engagement underscore Liquidity Services' ability to capitalize on emerging trends and drive continued growth.
Overall, Liquidity Services' Q1 performance reflects a balanced approach to growth, operational efficiency, and strategic investments for long-term success.

Liquidity Services (LQDT) reports strong Q2 results and optimistic Q3 outlook

Liquidity Services (LQDT) showcased robust performance in Q2 2024 with strong revenue and earnings growth, driven by strategic acquisitions and operational efficiency.
While facing challenges such as rising expenses, the company remains focused on growth opportunities in key business segments and enhancing its platform capabilities.
With a positive outlook for Q3 and a clear strategic direction, LQDT is poised to capitalize on market opportunities and sustain its growth momentum.

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The New Cincinnati Marketplace Sources from Retail Returns and Overstock Items to Reduce Waste and Promote Sustainability CINCINNATI , March 8, 2023 /PRNewswire/ -- After the successful launch of its first AllSurplus Deals location in Phoenix, Liquidity Services today announced the expansion of its consumer marketplace presence with the opening of a second location in Cincinnati. At a time when inflation is causing higher prices, AllSurplus Deals provides a much-needed alternative to traditional shopping channels, offering consumers a chance to save big while also helping the environment.

AllSurplus Deals Opens: The Ultimate Destination for Consumers Seeking Extreme Bargains on Quality Products

Majority of Assets Across Dozens of Categories Manufactured in 2021 and 2022 Majority of Assets Across Dozens of Categories Manufactured in 2021 and 2022

Online Marketplace AllSurplus Partners with Aaron Industrial Solutions to Sell Unused Ethylene Plant Components for Major Engineering Firm

Leading Global Commerce Company Recognized for Automated Sell in Place Technology Leading Global Commerce Company Recognized for Automated Sell in Place Technology

Liquidity Services Named the 2023 Innovation Solutions Partner Award Winner by Reverse Logistics Association

In a Move to Increase Buyer Participation and Improve Efficiency, Elk County Transitions to Virtual Foreclosure Sales In a Move to Increase Buyer Participation and Improve Efficiency, Elk County Transitions to Virtual Foreclosure Sales

Bid4Assets Selected by Elk County, PA Sheriff's Office to Host Real Estate Foreclosure Auctions Online

Beatriz Infante Elected as New Lead Independent Director Beatriz Infante Elected as New Lead Independent Director

Liquidity Services Announces Retirement of Patrick W. Gross and Appointment of Thierno “Amath” Fall to its Board of Directors

Liquidity Services, Inc. (NASDAQ:LQDT ) Q1 2023 Earnings Conference Call February 2, 2023 10:30 AM ET Company Participants Bill Angrick - Chairman & Chief Executive Officer Jorge Celaya - Executive Vice President & Chief Financial Officer Conference Call Participants George Sutton - Craig Hallum Gary Prestopino - Barrington Research Operator Welcome to the Liquidity Services, Inc. First Quarter of Fiscal Year 2023 Financial Results Conference Call. My name is Gigi and I will be your operator for today's call.

Liquidity Services, Inc. (LQDT) Q1 2023 Earnings Call Transcript

BETHESDA, Md., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced the following financial results as of the quarter ended December 31, 2022, as compared to the applicable prior year periods:

Liquidity Services Announces First Quarter Fiscal Year 2023 Financial Results

Refinery Asset Sold to Major U.S. Renewable Energy Manufacturer Refinery Asset Sold to Major U.S. Renewable Energy Manufacturer

Liquidity Services Completes Sale of Hydrocracker Reactor in Gwangyang, South Korea on AllSurplus.com

Refinery Equipment Will Help Fill Gap Created by New Demand BETHESDA, Md. , Jan. 4, 2023 /PRNewswire/ -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, has partnered with Aaron Industrial Solutions (AIS), a global equipment auction, liquidation, and asset management company, to sell a closed, 110,000-barrel-per-day, 290-hectare (~716-acre) oil refinery in Portugal on AllSurplus.com , the world's leading online marketplace for business surplus assets.

Online Marketplace AllSurplus Partners with Aaron Industrial Solutions to Sell Portuguese Oil Refinery

BETHESDA, Md., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its first quarter fiscal year 2023 results prior to market open on Thursday, February 2, 2023. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

Liquidity Services Announces First Quarter Fiscal Year 2023 Earnings Conference Call

Liquidity Services, Inc. (NASDAQ:LQDT ) Q4 2022 Earnings Conference Call December 8, 2022 10:30 AM ET Company Participants Bill Angrick - Chairman & CEO Jorge Celaya - EVP & CFO Conference Call Participants Gary Prestopino - Barrington Research George Sutton - Craig-Hallum Operator Welcome to the Liquidity Services, Inc. Fourth Quarter of Fiscal Year 2022 Financial Results Conference Call. My name is Carmen and I will be your host for today's call.

Liquidity Services, Inc. (LQDT) Q4 2022 Earnings Call Transcript

Sportsman's Warehouse Hlds

Even with the overall market gaining ground, signs of stress in the consumer economy continue to appear.

These Nasdaq Retail Stocks Are Sending Mixed Signals

BETHESDA, Md., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced the following financial results as of the quarter ended September 30, 2022 as compared to the applicable prior year periods:

Liquidity Services Announces Fourth Quarter Fiscal Year 2022 Financial Results

Leading Global Commerce Company to Present at the IDEAS and Craig-Hallum Conferences This Month Leading Global Commerce Company to Present at the IDEAS and Craig-Hallum Conferences This Month

Liquidity Services to Participate in November Investor Conferences

BETHESDA, Md., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its fourth quarter fiscal year 2022 results prior to market open on Thursday, December 8, 2022. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

Liquidity Services Announces Fourth Quarter Fiscal Year 2022 Earnings Conference Call

A Record Number of 153 Entries Competed in 11 Categories This Year A Record Number of 153 Entries Competed in 11 Categories This Year

Liquidity Services Named a Finalist for World Sustainability Awards

Twenty-one auctions of tubular, drilling, and completions equipment offered for sale through online global platform Twenty-one auctions of tubular, drilling, and completions equipment offered for sale through online global platform

AllSurplus Selected to Conduct Online Auction of Surplus Offshore Oil and Gas Equipment for Leading Energy Company

Extensive Marketing Campaign Results in Multi-Million Dollar Purchase Extensive Marketing Campaign Results in Multi-Million Dollar Purchase

AllSurplus Achieves Record Sale of Two Bell 407GX Helicopters for Major Oil and Gas Corporation

Twenty-seven heavy machines offered for sale through online global platform Twenty-seven heavy machines offered for sale through online global platform

AllSurplus Selected to Conduct Online Heavy Equipment Auction for Leading Engineering and Construction Services Company

BETHESDA, Md., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Liquidity Services, (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that its Co-Founder, Chairman, and CEO Bill Angrick will present at the Midwest IDEAS Investor Conferences on Thursday August 25, 2022 at The Gwen in Chicago, IL. The presentation is scheduled to begin at 3:45pm CT.

Liquidity Services to Present at the 13th Annual Midwest IDEAS Investor Conferences on August 25th in Chicago, IL

Liquidity Services, Inc. (NASDAQ:LQDT ) Q3 2022 Earnings Conference Call August 4, 2022 10:30 AM ET Company Participants Bill Angrick - Chairman and Chief Executive Officer Jorge Celaya - Executive Vice President and Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Gary Prestopino - Barrington Research Operator Welcome to the Liquidity Services Third Quarter of Fiscal Year 2022 Financial Results Conference Call. My name is Vanessa and I will be your operator for today's call.

Liquidity Services, Inc. (LQDT) CEO Bill Angrick on Q3 2022 Results - Earnings Call Transcript

Record Quarterly GMV Results up 33% Fueled by Real Estate and High Value Equipment Record Quarterly GMV Results up 33% Fueled by Real Estate and High Value Equipment

Liquidity Services Announces Third Quarter Fiscal Year 2022 Financial Results

The new 100,000 square-foot warehouse will offer more capacity for retail industry clients and savings for buyers sourcing inventory for growing businesses HEBRON, Ky. , July 12, 2022 /PRNewswire/ -- Liquidity Services (Nasdaq: LQDT), a leading global commerce company powering the circular economy, today announced its U.S. expansion with the opening of a 100,000 square-foot retail distribution center in Hebron, Kentucky - less than 20 minutes from Cincinnati, Ohio.

Liquidity Services Expands U.S. Footprint with New Distribution Center to Meet Retail Industry's Need for Sustainable Disposition Solution

BETHESDA, Md., July 05, 2022 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it will report the results of its third quarter fiscal year 2022 ended June 30, 2022 on Thursday, August 4, 2022 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will host the earnings event.

Liquidity Services Announces Third Quarter Fiscal Year 2022 Earnings Conference Call

Leading global commerce company to present at the Oppenheimer and IDEAS conferences this month Leading global commerce company to present at the Oppenheimer and IDEAS conferences this month

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