Oct 1, 4:07 PM ET
Liquidity Services completed its acquisition of Auction Holdings, Inc., which operates the Invaluable, AuctionZip and RFC Auction Systems online marketplaces, for a base purchase price of $80 million in cash funded with cash on hand. The company expects the deal to be accretive to GAAP and Non-GAAP Adjusted Diluted EPS in fiscal 2027, but it did not provide a reconciliation and said acquisition-related items could materially affect GAAP results. The filing does not report financial results for the acquired businesses beyond their gross merchandise sales for fiscal 2025.
- Base purchase price of $80 million in cash, on a debt-free, cash-free basis, subject to customary adjustments, funded with cash on hand
- $9.4 million of cash consideration deposited in escrow for indemnification and downward purchase-price adjustments, with portions scheduled for release after 12 months and three years
- Company expects accretion to GAAP and Non-GAAP Adjusted Diluted EPS in fiscal 2027, without a GAAP reconciliation
- Acquired businesses processed more than $500 million of gross merchandise sales for the fiscal year ended December 31, 2025, and Invaluable's leadership is expected to remain
Read the filing on SEC.gov ↗
Aug 6, 7:00 AM ET
Liquidity Services reported results for the fiscal third quarter ended June 30, 2026, with revenue of $129.6 million, up 8%, and GAAP net income of $10.4 million, up 41% from $7.4 million a year earlier. The company also gave fiscal fourth quarter 2026 guidance of $10.0 million to $13.0 million in GAAP net income and $0.30 to $0.39 in GAAP diluted EPS.
- Gross merchandise volume (GMV) was $453.0 million, up 10%, and revenue was $129.6 million, up 8%
- GAAP diluted EPS was $0.32, up from $0.23, and non-GAAP Adjusted EBITDA was $22.0 million, up from $17.0 million
- Fiscal Q4 2026 guidance: GAAP net income of $10.0 million to $13.0 million; GAAP diluted EPS of $0.30 to $0.39
- Cash balances were $231.1 million with zero financial debt as of June 30, 2026
Read the filing on SEC.gov ↗
Jun 26, 5:28 PM ET
Liquidity Services entered into a Fourth Amendment to its credit agreement with Wells Fargo Bank on June 22, 2026, extending the agreement's term from March 31, 2027 to March 31, 2028. All other terms remain unchanged, according to the filing. The extension pushes out the maturity of the company's credit facility by one year, which is routine maintenance of financing arrangements rather than a change in terms.
- Amendment dated June 22, 2026 with lender Wells Fargo Bank, National Association
- Credit agreement term extended from March 31, 2027 to March 31, 2028
- All other terms and conditions remain in full force and effect without waiver or modification
Read the filing on SEC.gov ↗
May 7, 7:00 AM ET
Liquidity Services reported fiscal second-quarter 2026 results for the quarter ended March 31, 2026, with revenue of $120.7 million, up 4%, and GAAP net income of $7.5 million, up 7% from $7.1 million. The company also gave third-quarter fiscal 2026 guidance, with GAAP net income expected between $7.0 million and $10.0 million and GAAP diluted EPS between $0.21 and $0.30.
- Gross merchandise volume was $389.9 million, up 6%, and revenue was $120.7 million, up 4%.
- GAAP diluted EPS was $0.23, up from $0.22; Non-GAAP Adjusted EBITDA was $16.7 million, up from $12.2 million.
- Cash balances were $204.0 million with zero financial debt as of the quarter end.
- Q3 fiscal 2026 guidance: GMV of $425 million to $465 million and GAAP net income of $7.0 million to $10.0 million.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
