Liquidity Services (LQDT) Misses Q4 EPS by 9c

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Go back to Liquidity Services (LQDT) Misses Q4 EPS by 9c

Liquidity Services Announces Fourth Quarter and Fiscal Year 2017 Financial Results

December 5, 2017 4:03 PM EST

Fourth Quarter GMV of $145.0 million -- Revenue of $61.4 million -- GAAP Net Loss of $(13.9) millionFourth Quarter Non-GAAP Adjusted EBITDA of $(7.6) millionFiscal Year GMV of $629.3 million -- Revenue of $270.0 million -- Net GAAP Loss of $(39.2) millionFiscal Year Non-GAAP Adjusted EBITDA of $(21.6) million GovDeals and Retail Supply Chain Group segments each drive double-digit year over year GMV growth in FY-17Company in deployment phase of new e-commerce rollout; rollout of all major marketplaces expected to be completed by early Fiscal Year 2019

BETHESDA, Md., Dec. 05, 2017 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:... More