WASHINGTON–(BUSINESS WIRE)–Oct. 22, 2013–
Liquidity Services, Inc. has been named one of America’s 100 Best Small
Companies by Forbes Magazine for the sixth consecutive year. The Forbes
list highlights public companies with sales under $1 billion and ranks
them based on return on equity, sales growth, and earnings growth over
the past year and past five years. Liquidity Services, operator of
leading online marketplaces for surplus goods used by more than 6,000
organizations including Fortune 1000 retailers, manufacturers and
government agencies, ranked #80.
“Liquidity Services provides the technology, services, data and
award-winning e-commerce marketplaces to help our clients capture
strategic value in the $150 billion reverse supply chain market. Today
our solution is trusted and used by the world’s most recognizable
institutions and over 2.4 million buyers worldwide,” said Bill Angrick,
Chairman and CEO of Liquidity Services. “To be included in this ranking
for a sixth consecutive year, amongst the fastest growing companies in
America, is a testament to our talented team’s dedication to providing
best-in-class and innovative services, which has resulted in continued
year-over-year growth.”
To earn a spot on the Forbes 100 Best Small Companies candidates must
have been publically traded for at least a year, generate annual revenue
between $5 million and $1 billion and boast a stock price no lower than
$5 a share. Company stock performance compared to each company’s peer
group during the last 12 months was also considered in the rankings.
Liquidity Services has achieved five year average growth rates of 17%
revenue growth, 29% earnings per share growth, and a 14% return on
equity.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations,
public sector agencies, and buying customers the world’s most
transparent, innovative, and effective online marketplaces and
integrated services for surplus assets. On behalf of its clients,
Liquidity Services has completed the sale of over $4 billion of surplus,
returned, and end-of-life assets in over 500 product categories,
including consumer goods, capital assets, and industrial equipment. The
company is based in Washington, D.C. and has approximately 1,400
employees. Additional information can be found at: http://www.liquidityservicesinc.com.
Source: Liquidity Services, Inc.
Liquidity Services, Inc.
Sultana F. Ali, APR
202-467-5723
[email protected]
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