Stock Track | Liquidity Services Soars 6.8% in Pre-Market on Solid Q4 Earnings Beat

Stock Track

2024-12-12

Liquidity Services (NASDAQ: LQDT) stock soared 6.8% in pre-market trading on Thursday, following the company's better-than-expected Q4 2024 financial results.

The online auction marketplace for surplus and salvage assets reported adjusted earnings per share of $0.32, surpassing the consensus estimate of $0.28 by a significant margin of 14.29%. Moreover, Liquidity Services' Q4 revenue of $106.9 million exceeded analysts' expectations of $93.049 million, representing a 14.89% beat and a 33.7% increase compared to the same period last year.

The company's strong performance was further reinforced by its reported adjusted net income of $10.2 million, net income of $6.4 million, adjusted EBITDA of $14.5 million, and Gross Merchandise Value (GMV) of $361 million for the fourth quarter.

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Moreover, Liquidity Services' Q4 revenue of $106.9 million exceeded analysts' expectations of $93.049 million, representing a 14.89% beat and a 33.7% increase compared t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"股票跟踪Liquidity Services因第四季度盈利稳健而盘前飙升6.8%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LQDT":1},"content_text":"Liquidity Services (NASDAQ: LQDT) stock soared 6.8% in pre-market trading on Thursday, following the company's better-than-expected Q4 2024 financial results.\nThe online auction marketplace for surplus and salvage assets reported adjusted earnings per share of $0.32, surpassing the consensus estimate of $0.28 by a significant margin of 14.29%. 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