Liquidity Services (LQDT) Tops Q4 EPS by 6c; GMV Fell 6.8%; FY17 EPS Guidance Light of Views

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Go back to Liquidity Services (LQDT) Tops Q4 EPS by 6c; GMV Fell 6.8%; FY17 EPS Guidance Light of Views

Liquidity Services Announces Fourth Quarter and Fiscal Year 2016 Financial Results

November 17, 2016 6:55 AM EST

Fourth Quarter GMV of $159.1 million Revenue of $78.5 million Net GAAP Loss of $53.8 million Non-GAAP Adjusted EBITDA of $(0.7) million Fiscal Year GMV of $642.1 million Revenue of $316.5 million Net GAAP Loss of $59.9 million Non-GAAP Adjusted EBITDA of $3.7 million Net GAAP Loss includes $19.0 million goodwill impairment and $35.8 million income tax valuation allowance charge IronDirect.com marketplace targeting construction vertical launched on new LiquidityOne e-commerce platform

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