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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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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Liquidity Services Inc (NASDAQ: LQDT) has acquired Bid4Assets, an online marketplace focused on conducting real property auctions for the government, for an undisclosed sum. The company expects the transaction to accelerate its penetration of the large and fragmented municipal government real estate market.

Liquidity Services Acquires Bid4Assets For Undisclosed Sum

Acquisition strengthens and accelerates the company's position as the leading online platform for the government sale of real estate, an estimated multi-billion dollar market Acquisition strengthens and accelerates the company's position as the leading online platform for the government sale of real estate, an estimated multi-billion dollar market

Liquidity Services Acquires Bid4Assets, a Leading Online Marketplace for Government Real Estate

The Surplus production and plant support equipment will be sold on AllSurplus, a leading online auction marketplace for business surplus The Surplus production and plant support equipment will be sold on AllSurplus, a leading online auction marketplace for business surplus

Schneider Electric and Liquidity Services Launch Sustainable Partnership to Sell Surplus Assets

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Bidding is underway in the timed online auction of more than 300,000 feet of line pipe formerly owned by Fort Morgan, Colorado-based Catamount Oilfield Services, announced Tiger Group and Liquidity Services (NASDAQ: LQDT). The auction is the latest offering by the two companies, which in 2016 formed a strategic partnership—Tiger Liquidity Services Energy Partners—focused on directly assisting those seeking to sell surplus oil-and-gas assets.

Online Bidding Now Underway for Large Inventory of Oil-and-Gas Line Pipe in Auction by Tiger Liquidity Services Energy Partners

BETHESDA, Md., Aug. 12, 2021 (GLOBE NEWSWIRE) -- Liquidity Services, (Nasdaq:LQDT), the world's largest B2B e-commerce marketplace for business and government surplus, announced today that Bill Angrick, Co-Founder, Chairman and CEO and Jorge Celaya, Executive Vice President and Chief Financial Officer, will be attending the upcoming Barrington Research Fall Investment Conference on Thursday, September 9th.

Liquidity Services to Participate in the 14th Annual Barrington Research Fall Investment Conference

Liquidity Services, Inc. (LQDT) CEO Bill Angrick on Q3 2021 Results - Earnings Call Transcript

Shares of Liquidity Services (NASDAQ:LQDT) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share were up 520.00% over the past year to $0.31, which beat the estimate of $0.20.

Recap: Liquidity Services Q3 Earnings

BETHESDA, M.D., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), the world's largest B2B e-commerce marketplace for business and government surplus, today announced the following financial results as of the quarter ended June 30, 2021 as compared to the applicable comparable prior periods:

Pioneering Solutions Within Growing Circular Economy Fuel Strong Third Quarter Results for Liquidity Services

BETHESDA, Md., July 06, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), the world's largest B2B e-commerce marketplace for business and government surplus, announced today that it will report the results of its third quarter fiscal year 2021 ended June 30, 2021 on Thursday, August 5, 2021 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 2021 Earnings Conference Call

Liquidity Services (LQDT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Liquidity Services (LQDT) Upgraded to Buy: Here's Why

BETHESDA, Md., June 16, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT) is proud to have been awarded a place on the NEPO202 framework Remarketing of Vehicles and Plant Equipment. Under the 4-year contract awarded by NEPO, Liquidity Services will sell used cars, commercial vehicles, and construction equipment on behalf of a range of public sector organisations in the United Kingdom including local authorities, educational establishments, emergency services and NHS bodies.

Liquidity Services awarded a contract by NEPO to sell commercial vehicles and construction equipment on its online marketplace AllSurplus

BETHESDA, Md., May 25, 2021 (GLOBE NEWSWIRE) -- Liquidity Services, (Nasdaq:LQDT), the world's largest B2B e-commerce marketplace for business and government surplus, announced that Bill Angrick, Co-Founder, Chairman and CEO and Jorge Celaya, CFO, will be participating in the 15th Annual Barrington Research Investment Conference on Thursday, May 27, 2021. Mr. Angrick and Mr. Celaya will host virtual one-on-ones and small group meetings throughout the day.

Liquidity Services to Participate in the Barrington Research Spring Investment Conference

BETHESDA, Md., May 24, 2021 (GLOBE NEWSWIRE) -- Liquidity Services, the world's largest B2B e-commerce marketplace for business and government surplus, has partnered with LocalWorks to establish a small business incubator within its Bethesda, MD headquarters office. The co-working space includes 46 turn-key office cubes and suites, and two conference rooms with high-speed internet to accommodate technology and professional service entrepreneurs and small businesses.

Liquidity Services Establishes Innovation Hub in Bethesda Headquarters as it Continues Its Rapid Growth and Innovation

Does Liquidity Services (LQDT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Liquidity Services (LQDT) is a Great Momentum Stock to Buy

Liquidity Services delivered 44% consolidated GMV growth, a top and bottom line beat for the March quarter, and guided to $220-$230M GMV and $0.17-$0.21 EPS in the current June quarter. Current market dynamics in the used equipment market are driving higher demand for certain equipment, resulting in a potential lollapalooza effect for Liquidity Services: elevated demand, supply and prices.

Liquidity Services Breaks Out, Positioned To Thrive In Reflation Economy

Liquidity Services, Inc.'s (LQDT) CEO Bill Angrick on Q2 2021 Results - Earnings Call Transcript

Liquidity Services (LQDT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Liquidity Services (LQDT) Stock Jumps 37.7%: Will It Continue to Soar?

The stock price of Liquidity Services, Inc. (NASDAQ: LQDT) increased from $18.76 to $25.83 (up 37.69%) today. This is why it happened.

LQDT Stock: 37.69% Increase (From $18.76 To $25.83) Explanation

Liquidity Services (LQDT) delivered earnings and revenue surprises of 72.73% and 11.60%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Liquidity Services (LQDT) Tops Q2 Earnings and Revenue Estimates

BETHESDA, Md., May 06, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), the world's largest B2B e-commerce marketplace for business and government surplus, today announced financial results for the second quarter fiscal year 2021 ended March 31, 2021. The Company's Q2-FY21 performance delivered strong year-over-year gains in GMV, Revenue, GAAP Net Income, GAAP Diluted EPS, Non-GAAP Adjusted EBITDA and Non-GAAP Adjusted Diluted EPS.

Liquidity Services Announces Second Quarter Fiscal Year 2021 Financial Results

Liquidity Services is seeing strength in all facets of its business. All Surplus — a B2B auction site for surplus equipment — closed 29k auctions in April with many $100k+ items sold. Current trends point to 30% sequential GMV growth.

Liquidity Services: The Market Is Sleeping On Strong Growth Happening Right Now

Liquidity Services (LQDT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Liquidity Services (LQDT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Liquidity Services operates two main segments: (1) retail reverse supply chain, helping major retailers manage/liquidate returned goods (2) a B2B auction site for monetizing business and government surplus. The company is adding large customer logos such as Target and Walmart in its reverse supply chain business, Liquidation.com. Adding customers and increasing volumes should reduce seasonality in this business.

Liquidity Services: Positioned For Growth In The Circular Economy

BETHESDA, Md., April 12, 2021 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), the world's largest B2B e-commerce marketplace for business and government surplus, announced today that it will report the results of its second quarter fiscal year 2021 ended March 31, 2021 on Thursday, May 6, 2021 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 Second Quarter Fiscal Year 2021 Earnings Conference Call

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