Acquisition enhances Liquidity Services' position as the leading reverse supply chain solution to Fortune 500 retailers and manufacturers of consumer goods Deal consideration of $140 million plus contingent earn-out of up to $30 million; Transaction expected to add 28 to 33 cents per cash-based diluted EPS to Liquidity Services' fiscal... read more →
Sep
01
Aug
23
MONTGOMERY, Ala., Aug 23, 2011 (BUSINESS WIRE) -- GovDeals(R) Inc., a leading online auction marketplace for government surplus property, has been awarded a national contract for "Surplus Asset Liquidation and/or Auction Services with Related Solutions" by the National Joint Powers Alliance(R) (NJPA(R)). The contract is available nationally to NJPA(R) members,... read more →
Aug
22
WASHINGTON, Aug 22, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT) today announced that the Defense Logistics Agency (DLA) has exercised the first of two potential 12-month extension periods under its Surplus Useable Property sales contract (Surplus Contract) with Liquidity Services to sell surplus assets of the U.S. Department... read more →
Aug
02
- Third quarter revenue of $86.1 million up 18% - Record GMV of $148.1 million up 36% -Record adjusted EBITDA of $15.1 million up 43% - Adjusted EPS of $0.52 up 285%, including tax benefits WASHINGTON, Aug 02, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT; http://www.liquidityservicesinc.com) today reported... read more →
Jul
05
WASHINGTON, Jul 05, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT), a leading online auction marketplace for surplus and salvage assets, announced today that it will report the results of its fiscal year 2011 third quarter ended June 30, 2011 on Tuesday, August 2, 2011 at 10:30 a.m. Eastern... read more →
Jun
28
COLUMBUS, Ohio, Jun 28, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT), announced today that its Government Liquidation marketplace (http://www.govliquidation.com) and leadership team have been honored by the U.S. Defense Logistics Agency (DLA) as one of the government's best suppliers. The company will be presented with the Recognized Cost... read more →
Jun
27
WASHINGTON, Jun 27, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (Liquidity Services or the Company) (NASDAQ: LQDT), today announced that its United Kingdom subsidiary, Liquidity Services Limited, Ltd. (LSL), has initiated consultation with employees as a result of its proposal to close its UK operations. The consultation period commenced on... read more →
Jun
02
B-to-B online auction marketplaces Liquidation.com and GovDeals.com now accepting payments through PayPal Canada TORONTO AND WASHINGTON, June 2, 2011 /CNW/ - PayPal Canada and Liquidity Services, Inc. (NASDAQ: LQDT) today announced that Canadian buyers will now be able to use PayPal as well as Canadian credit cards to transact on... read more →
May
25
Acquisition adds leading marketplace and notable client base of Fortune 500 sellers of transportation capital assets WASHINGTON, May 25, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT), today announced it has agreed to acquire TruckCenter.com in an all-cash transaction. A leading online auction marketplace for fleet and transportation equipment,... read more →
May
05
- Second quarter record revenue of $92.1 million up 22% - Record GMV of $137.7 million up 31% - Record adjusted EBITDA of $14.0 million up 37% - Record Adjusted EPS of $0.22 up 22% WASHINGTON, May 05, 2011 (BUSINESS WIRE) -- Liquidity Services, Inc. (NASDAQ: LQDT; www.liquidityservicesinc.com) today reported... read more →