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Liquidity Services: Fiscal 3Q Earnings Snapshot

BETHESDA, Md. (AP) _ Liquidity Services Inc. (LQDT) on Thursday reported a loss of $3.7 million in its fiscal third quarter.

On a per-share basis, the Bethesda, Maryland-based company said it had a loss of 12 cents. Losses, adjusted for non-recurring costs, came to 7 cents per share.

The surplus equipment company posted revenue of $50.6 million in the period.

For the current quarter ending in September, Liquidity Services expects its results to range from a loss of 20 cents per share to a loss of 12 cents per share.

Liquidity Services shares have climbed 64 percent since the beginning of the year. The stock has increased 18 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