Liquidity Services Shares Rise After Higher Fiscal Q4 Results

MT Newswires Live

2024-12-12

Liquidity Services (LQDT) shares were up nearly 20% in recent Thursday trading after it posted higher results for fiscal Q4.

The company reported fiscal Q4 adjusted earnings of $0.32 per share, up from $0.26 a year earlier.

A single analyst polled by FactSet expected $0.28.

Revenue for the quarter ended Sept. 30 was $106.9 million, up from $80 million a year earlier.

Two analysts surveyed by FactSet expected $50.9 million.

The company said it expects fiscal Q1 2025 adjusted EPS of $0.18 to $0.26. Analyst estimates were not available for comparison.

Price: 30.84, Change: +5.09, Percent Change: +19.77

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