AI brief of an SEC Form 8-K · Liquidity Services (LQDT)

Liquidity Services revenue rises 72% to $122.3 million; net income $5.8 million

Positive Impact 3 of 5 earnings Written later

Liquidity Services reported fiscal first-quarter 2025 results for the quarter ended December 31, 2024, with revenue of $122.3 million, up from $71.3 million a year earlier, and GAAP net income of $5.8 million, up from $1.9 million. The company also gave second-quarter guidance and announced the acquisition of Auction Software, which it does not expect to significantly affect second-quarter results.

Key points

  • GMV was $386.1 million, up 26% from $305.9 million; GAAP diluted EPS was $0.18 versus $0.06 a year earlier
  • Q2 FY2025 guidance: GAAP net income of $5.5 million to $8.0 million and GMV of $360 million to $390 million
  • Company announced the acquisition of Auction Software, a private-label marketplace and SaaS solutions provider
  • Cash balances were $139.1 million with zero financial debt as of the report date

The filing

CompanyLiquidity Services (LQDT)
Form8-K, current report
Filed with the SECFeb 6, 2025, 7:00 AM ET
Accession number0000950170-25-014986

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.