Welcome to our dedicated page for Liquidity Svcs news (Ticker: LQDT), a resource for investors and traders seeking the latest updates and insights on Liquidity Svcs stock.
Liquidity Services Inc (NASDAQ: LQDT) maintains its position as a leader in surplus asset management through innovative online auction platforms. This news hub provides investors and industry professionals with essential updates about the company's marketplace operations, sustainability initiatives, and strategic developments.
Access real-time information about earnings announcements, partnership agreements, and technological advancements across LQDT's key segments including GovDeals and Retail Supply Chain Group. Our curated collection ensures you never miss critical updates about this circular economy enabler's role in transforming asset recovery markets.
Discover official press releases detailing new marketplace features, operational expansions, and corporate governance updates. All content undergoes strict verification to maintain compliance with financial reporting standards while preserving accessibility for both retail and institutional investors.
Bookmark this page for continuous access to LQDT's verified news stream. Check back regularly to stay informed about this innovative company's progress in building sustainable e-commerce solutions for surplus asset management.
Liquidity Services (NASDAQ:LQDT) has scheduled its second quarter fiscal year 2025 earnings announcement for Thursday, May 8, 2025, before market open. The company will host a conference call at 10:30 AM Eastern Time, featuring Chairman and CEO Bill Angrick and EVP and CFO Jorge Celaya to discuss the results.
A live webcast will be available on the company's investor relations site, with an archive accessible until May 8, 2026. A replay of the call will be available starting at 1:30 PM Eastern Time on the day of the call.
Liquidity Services (NASDAQ: LQDT) has announced its second sale in China through its online marketplace AllSurplus.com, partnering with Aaron Industrial Solutions (AIS). The sale features high-value industrial equipment including 2x MAN Diesel & Turbo SE DK080/250R Industrial Steam Turbines and 1x Unused Steam Turbine Rotor & Accessories.
This follows their successful first sale which included over 60 Sumitomo cryogenic aluminum brazed fin heat exchangers. The initiative represents an expansion of LQDT's presence in the Chinese market, focusing on surplus asset management for a leading global energy enterprise.
The sale will be conducted through AllSurplus.com, LQDT's online marketplace for surplus business assets, emphasizing sustainability and circular economy principles. The company plans to further expand its Chinese operations, scaling circular economy models across energy, manufacturing, and technology sectors.
Liquidity Services (NASDAQ:LQDT), operator of the world's largest B2B e-commerce marketplace for surplus assets, has announced a strategic partnership with Biocom California, the state's leading life science association representing over 1,800 members. The partnership adds Liquidity Services to Core by Biocom California's savings portfolio, enabling member companies to maximize value from surplus equipment and inventory.
Industry data suggests organizations typically maintain up to 20% surplus equipment that could be liquidated for capital. Through this partnership, Biocom California members will gain access to Liquidity Services' marketplace platform with exclusive savings for buying and selling specialized life science equipment, promoting both capital recovery and sustainability through asset redeployment.
Liquidity Services (NASDAQ:LQDT) reported strong Q1 FY2025 results with record performance across key metrics. The company achieved record Gross Merchandise Volume (GMV) of $386.1 million, up 26% year-over-year, and revenue of $122.3 million, up 72%.
Financial highlights include GAAP Net Income of $5.8 million (up 205%), GAAP EPS of $0.18 (up 200%), and Non-GAAP Adjusted EBITDA of $13.1 million (up 81%). The company maintains a strong financial position with $139.1 million in cash and zero debt.
All segments showed double-digit GMV growth, with RSCG segment setting new quarterly records. The company announced the acquisition of Auction Software to expand SaaS offerings. For Q2 FY2025, LQDT guides GMV between $360-390 million and GAAP Net Income of $5.5-8.0 million.
Liquidity Services (NASDAQ:LQDT) has announced the acquisition of Auction Software/Simple Auction Site to establish Liquidity Services Software Solutions, Inc., a new private-label and SaaS division. Founded in 2015, Auction Software specializes in auction and marketplace solutions for the $100 Billion Circular Economy marketplace, while Simple Auction Site focuses on sports collectibles and fine wine sectors.
The acquisition aims to strengthen Liquidity Services' position in the Circular Economy marketplace by expanding its software development capabilities and supporting businesses through private-label and SaaS marketplace solutions. The company will retain Auction Software's founder Rajesh Rajaram and existing employees. While specific terms weren't disclosed, the transaction is not expected to materially impact Liquidity Services' overall results.
Liquidity Services (NASDAQ: LQDT) has proposed five strategic recommendations to support the Department of Governmental Efficiency's (DOGE) mission to improve government efficiency and cost savings. The company, which has generated over $10 billion in proceeds from selling surplus government assets over 25 years, suggests:
1. Monetizing underutilized federal real estate through online auctions
2. Empowering agencies to make independent decisions on surplus asset sales
3. Utilizing existing commercial solutions for asset disposal
4. Selling specialty items through online platforms
5. Implementing software tools to match surplus assets with agency needs
The company emphasizes these strategies could help reduce waste, generate cash, and lower maintenance costs while promoting sustainability in government operations.
Liquidity Services (NASDAQ:LQDT) has announced it will release its first quarter fiscal year 2025 financial results before the market opens on Thursday, February 6, 2025. The company will host a conference call at 10:30 AM Eastern Time featuring Chairman and CEO Bill Angrick and EVP and CFO Jorge Celaya to discuss the results.
A live webcast of the conference call will be available on the company's investor relations website. An archived version of the webcast will remain accessible until February 6, 2026, with a replay available starting at 1:30 PM Eastern Time on the day of the call.
Liquidity Services (NASDAQ:LQDT) reported strong Q4 FY2024 results with record performance metrics. The company achieved GMV of $361.0 million (up 14%) and revenue of $106.9 million (up 34%). GAAP Net Income reached $6.4 million with EPS of $0.20, while Non-GAAP Adjusted EBITDA grew 13% to $14.5 million.
Key highlights include record performance in the RSCG segment, robust growth in GovDeals, and a new revenue record for Machinio. The company maintains a strong financial position with $155.5 million in cash and zero debt. The Board authorized an additional $10.0 million share repurchase program through December 2026.
For Q1 FY2025, the company projects GMV between $350-385 million and GAAP Net Income of $2.5-5.0 million.
Liquidity Services (NASDAQ:LQDT) has scheduled its fourth quarter fiscal year 2024 earnings release and conference call. The company will release results before market open on December 12, 2024, followed by a conference call at 10:30 AM Eastern Time. CEO Bill Angrick and CFO Jorge Celaya will host the call. A live webcast will be available on the company's investor relations site, with the replay accessible until August 8, 2025 at 11:59 PM Eastern Time.
Liquidity Services (NASDAQ: LQDT) has been chosen by a major U.S. oil and gas exploration and production company to sell over 30 workover rigs and associated surplus assets in West Texas. The sale, featuring Cameron, Watson Corsair, Rig Works, and Franks rigs, is taking place through a sealed bid event on AllSurplus.com until September 12th, 2024, at 5:00 pm EDT.
This opportunity allows businesses in the oil and gas industry to acquire premium workover rigs at competitive prices. Buyers can bid on individual assets or the entire catalog. Liquidity Services' VP of business development, Darron Hanner, emphasized that their global market reach and competitive bidding platform will ensure these assets continue to operate, reducing new manufacturing needs and minimizing landfill waste.
