Liquidity Services (LQDT) Tops Q4 EPS by 6c; GMV Fell 6.8%; FY17 EPS Guidance Light of Views
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Financial Fact:
Diluted weighted average shares outstanding (in shares): -61.17M
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Liquidity Services (NASDAQ: LQDT) reported Q4 EPS of ($0.02), $0.06 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $78.5 million versus the consensus estimate of $77.21 million.
The company reported Q4-16 GMV, an operating measure of the total sales value of all merchandise sold through our marketplaces during the given period, of $159.1 million, a decrease of 6.8% from the prior year’s comparable period.
GUIDANCE:
Liquidity Services sees FY2017 EPS of ($0.31)-($0.22), versus the consensus of ($0.05).
For earnings history and earnings-related data on Liquidity Services (LQDT) click here.
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