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Liquidity Services: Fiscal 4Q Earnings Snapshot

BETHESDA, Md. (AP) _ Liquidity Services Inc. (LQDT) on Thursday reported a loss of $1 million in its fiscal fourth quarter.

The Bethesda, Maryland-based company said it had a loss of 3 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share.

The surplus equipment company posted revenue of $52.7 million in the period.

For the year, the company reported that its loss narrowed to $11.6 million, or 36 cents per share. Revenue was reported as $224.5 million.

For the current quarter ending in January, Liquidity Services expects its results to range from a loss of 17 cents per share to a loss of 13 cents per share.

Liquidity Services shares have climbed 26 percent since the beginning of the year. The stock has risen slightly more than 6 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