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Liquidity Services (LQDT) Reports In-Line Q3 Adj-EPS of $0.16; Guides Q3, Lowers FY09 Outlook

August 4, 2009 4:48 PM EDT
LQDT Hot Sheet
EPS Growth %: +136.4%

Financial Fact:
(Loss) income from operations: 31.85M

Today's EPS Names:
TARO, BRLI, TLB, More
Liquidity Services Inc (Nasdaq: LQDT) reports Q3 EPS of $0.16, ex-items, in-line with the analyst estimate of $0.16. Revenue for the quarter was $58 million, versus the consensus of $60.15 million.

Sees Q3 non-GAAP EPS of $0.10-$0.13, versus the consensus of $0.17.

Lowers FY09 adj-EPS guidance from $0.38-$0.40 to $0.45-$0.47, which compares to the Street estimate of $0.45.

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