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Liquidity Services (LQDT)
NASDAQ:LQDT
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.22Last Year’s EPS
$0.14Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 12, 2024
|% Change Since: 20.23%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with strong overall growth, record achievements in GMV, and strategic milestones like the 25th anniversary. Despite challenges in the CAG segment, the company maintained strong financial health with no debt and significant cash flows, indicating a robust position for future growth.Company Guidance
During the fourth quarter 2024 earnings call for Liquidity Services Inc. (LQDT), the executive team highlighted several key metrics and strategic goals. The company reported a record annual gross merchandise volume (GMV) of $1.4 billion, marking a 14% increase from the previous year, with each business segment achieving double-digit GMV growth. Revenue grew by 16% to $363 million, and non-GAAP adjusted EBITDA reached $48.5 million, up 6% year-over-year. For the fourth quarter alone, GMV was $361 million, up 14% from the same quarter last year, while revenue rose by 34% to $106.9 million. The Retail segment showed significant growth with a 28% increase in GMV and a 49% increase in revenue, attributed to expanded purchase programs. The company generated $22 million in operating cash flow during the quarter and maintained a strong cash position of $155.5 million. Looking forward, Liquidity Services aims to reach a $2 billion annual GMV milestone and $100 million in annual EBITDA, focusing on market share expansion, buyer base growth, platform modernization, and strategic acquisitions.Record Annual GMV
Achieved a record annual GMV of $1.4 billion, with each segment achieving double-digit annual GMV growth.
Double-Digit GMV and Revenue Growth
Consolidated GMV grew 14% to $1.4 billion, and revenue grew 16% to $363 million for the fiscal year 2024.
Strong Cash Flow and No Debt
Generated over $22 million in operating cash flow in Q4 and ended the quarter with $155.5 million in cash and no debt.
Retail and GovDeals Segment Performance
Retail segment GMV up 28%, revenue up 49%. GovDeals GMV up 14%, revenue up 26%, driven by service expansion and acquisitions.
25th Anniversary Milestone
Celebrating 25 years of growth and innovation as a leading global e-commerce company.
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LQDT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LQDT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 12, 2024 | $25.75 | $33.66 | +30.72% |
| Aug 08, 2024 | $20.08 | $21.02 | +4.68% |
| May 09, 2024 | $19.26 | $18.73 | -2.75% |
| Feb 08, 2024 | $17.23 | $15.46 | -10.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Liquidity Services (LQDT) report earnings?
Liquidity Services (LQDT) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Liquidity Services (LQDT) earnings time?
Liquidity Services (LQDT) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LQDT EPS forecast?
LQDT EPS forecast for the fiscal quarter 2025 (Q1) is $0.22.
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