Liquidity Services

Investor's Business Daily

Liquidity Services (LQDT) says it expects to report Q3 gross merchandise volume — the total value of goods sold on its site — of $228 mil- $231 mil, below its previous forecast of $250 mil- $275 mil. The online marketplace for surplus goods is expecting EPS of 43-45 cents vs. its previous estimate of 49-54 cents. Analysts had been expecting EPS of 51 cents. Shares fell 7.9% to 29.83.

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