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