Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,122.60
    +8.25 (+0.39%)
     
  • Crude Oil

    82.98
    +1.63 (+2.00%)
     
  • Gold

    2,241.60
    +28.90 (+1.31%)
     
  • Silver

    25.00
    +0.24 (+0.98%)
     
  • EUR/USD

    1.0789
    -0.0041 (-0.38%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2619
    -0.0019 (-0.15%)
     
  • USD/JPY

    151.3940
    +0.1480 (+0.10%)
     
  • Bitcoin USD

    70,812.90
    +2,053.20 (+2.99%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Liquidity Services: Fiscal 1Q Earnings Snapshot

Liquidity Services: Fiscal 1Q Earnings Snapshot

BETHESDA, Md. (AP) _ Liquidity Services Inc. (LQDT) on Thursday reported a loss of $5 million in its fiscal first quarter.

The Bethesda, Maryland-based company said it had a loss of 15 cents per share. Losses, adjusted for one-time gains and costs, were 10 cents per share.

The surplus equipment company posted revenue of $54.1 million in the period.

For the current quarter ending in April, Liquidity Services expects its results to range from a loss of 17 cents per share to a loss of 9 cents per share.

Liquidity Services shares have increased 29 percent since the beginning of the year. The stock has increased 14 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LQDT at https://www.zacks.com/ap/LQDT

Advertisement