BROWNSBURG, Ind., July 30, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, today announced the relocation and expansion of its Indianapolis operation, moving its reverse logistics warehouse in Plainfield, Indiana, to a larger 203,840 sq ft facility in Brownsburg, Indiana. This new facility accommodates more excess inventory from retailers, enhances the customer experience for liquidation resellers and customers, and reaffirms the c ...

ST. LOUIS, July 10, 2024 (GLOBE NEWSWIRE) -- The State of Missouri is selling the Wainwright State Office Building located at 111 North 7th Street in downtown St. Louis on GovDeals.com, the leading online marketplace for government agencies and educational institutions to sell real estate and other surplus assets. This 234,600 sq. ft. property consists of two buildings, one with three floors and the other ten, and several open courtyard areas. The property will be open for bidding until August 29, at 3:00 P ...

BETHESDA, Md., July 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its third quarter fiscal year 2024 results prior to market open on Thursday, August 8, 2024. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time. To participate in the conference call, please register here to receive the dial-in nu ...

RICHLAND, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Hanford Mission Integration Solutions (HMIS) is conducting a series of online equipment auctions through GovDeals, the leading online marketplace for government agencies to sell surplus assets. The surplus items being offered have been part of Hanford Site operations. The Hanford Site adjacent to Richland, Wash., was used from WWII through the Cold War to produce nearly two-thirds of the plutonium for the nation's nuclear weapons program. With a workforce o ...

RICHLAND, Wash., June 18, 2024 (GLOBE NEWSWIRE) -- Hanford Mission Integration Solutions (HMIS) is conducting a series of online equipment auctions through GovDeals, the leading online marketplace for government agencies to sell surplus assets. The surplus items being offered have been part of Hanford Site operations. The Hanford Site adjacent to Richland, Wash., was used from WWII through the Cold War to produce nearly two-thirds of the plutonium for the nation’s nuclear weapons program. With a workforce o ...

BETHESDA, Md., June 18, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, has partnered with Aaron Industrial Solutions (AIS), a global equipment auction, liquidation, and asset management company, and Binswanger, a global leader in full-service commercial real estate, to sell equipment and real estate from a Puritan Medical Products biopharmaceutical manufacturing plant in Portland, Tennessee. The 338,000 square foot facility and hun ...

BRYAN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- The city of Bryan has recently surpassed $2 million in sales of their surplus assets on GovDeals. GovDeals is the leading online auction platform for government agencies and educational institutions to sell surplus equipment to millions of qualified buyers worldwide. Since first joining GovDeals, the city has successfully sold over 1,400 assets to buyers across the country. These assets range from automobiles, heavy equipment, garbage trucks, fire and police eq ...

BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it will be participating in the following upcoming conferences during the months of May and June: 18th Annual Barrington Research Virtual Spring Investment Conference on May 16, 2024. The virtual conference will bring together investors and management teams from approximately 40 publicly traded companies. This event will provide an opportunit ...

财务数据和关键指标变化 - 第二季度GMV为3.194亿美元,同比增长13% [21] - 第二季度收入为9.15亿美元,同比增长12% [21] - 第二季度GAAP每股收益为0.18美元,同比增长38% [20][21] - 第二季度非GAAP每股收益为0.27美元,同比增长35% [20][21] - 第二季度非GAAP调整后EBITDA为1210万美元,同比增长22% [20][21] 各条业务线数据和关键指标变化 - CAG分部GMV同比增长29%,收入同比增长30%,分部直接利润同比增长31%,主要由于工业和重型设备类别的寄售销售,包括完成了上一季度延迟的一些销售以及一些国际采购交易 [24] - GovDeals分部GMV同比增长11%,收入同比增长22%,分部直接利润同比增长20%,反映了车辆供给增加,以及向新市场拓展服务产品导致的收入率上升,但房地产拍卖量增长较慢 [25] - Machinio收入同比增长21%,分部直接利润同比增长22%,反映了订阅用户和产品价格的持续增加 [26] - RSCG分部GMV创下新纪录79.6百万美元,同比增长9%,收入同比增长6%,分部直接利润同比增长2%,反映了低接触式寄售解决方案和采购计划的高销量,但某些全服务寄售和采购计划的产品组合价值较低 [27] 各个市场数据和关键指标变化 - CAG分部完成了一些高价值的汽车和能源类别交易,反映了企业客户正在利用公司的市场来变现资产,应对许多行业的动态增长变化 [15] - Machinio最近在中国的扩张正在顺利进行,这一举措使Machinio业务的可寻址市场增加了一倍以上 [16] 公司战略和发展方向及行业竞争 - 公司的平台和服务继续为客户带来满意度,推动了双位数的有机收入和GMV增长 [9] - 公司在销售、运营和平台自动化方面的均衡投资正在各个多元化细分市场得到回报,实现了市场份额扩张和平台参与者创纪录增长 [10][11][12] - 公司正在积极探索零售、资本资产和政府等领域的机会,并正在审慎地考虑可以实现"1+1>2"效果的收购整合 [59][60][61][62][63] - 零售行业出现一些新进入者在运营和财务方面遇到困难,导致违约甚至关闭,这可能会促进行业的重新洗牌,为公司创造更好的环境 [53][54][55] 管理层对经营环境和未来前景的评论 - 公司业务在更高利率和经济增长放缓的背景下仍然保持韧性 [10] - 第三季度展望反映了GMV持续双位数增长,主要由CAG能源和工业类别以及CAG重型设备业务的持续增长推动 [28] - Machinio订阅业务预计将继续实现双位数收入增长 [28] - GovDeals分部预计第三季度GMV同比增长将继续,尽管二手车市场价格可能较去年有所下降 [29] - RSCG分部预计将维持与上一季度相似的零售GMV水平,其中"all-surplus deals"零售直销业务预计将保持强劲的同比增长 [30] - 公司预计第三季度收入占GMV的比例将保持在低到中20%区间,分部直接利润占总收入的比例将在低到中50%区间 [33] 问答环节重要的提问和回答 问题1 **Gary Prestopino 提问** Sierra Auction的业务是否计入GovDeals分部 [38] **Bill Angrick 回答** 是的,Sierra Auction的业务计入GovDeals分部 [39] 问题2 **Gary Prestopino 提问** GovDeals核心业务的有机增长情况如何 [40][41] **Bill Angrick 回答** GovDeals核心业务仍然非常强劲,公司继续签约新客户。公司增加了GovDeals业务开发团队,带来了新的机会,如签约纽约州和纽约市的车队业务 [43] 问题3 **George Sutton 提问** 第三季度EBITDA指引下降的原因 [47][48] **Bill Angrick 回答** 一方面是加大了IT投资,如在GovDeals市场推出更细化的分类、在零售分销中心提升接收效率等,以提升资产变现率和降低成本 [48][49][50][51][52] 另一方面,2024年零售产品组合质量相对去年有所下降,但随着一些新进入者的退出,行业正在重新洗牌,为公司创造更好的环境 [53][54][55]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-51813 A Better Future for Surplus LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 52-2209 ...