WASHINGTON–(BUSINESS WIRE)–Oct. 23, 2012–
Liquidity Services, Inc. has been named as one of America’s 100 Best
Small Companies ranked by Forbes Magazine for the fifth consecutive
year. As the leading online marketplace for surplus goods, Liquidity
Services ranked #35 on this year’s list as a result of its continued
strong performance, up from its #86 ranking in 2011.
“Liquidity Services continues to transform the large, fragmented reverse
supply chain market by developing a trusted and innovative solution used
by millions of buyers and the world’s largest enterprises in every
segment of the global economy,” said Bill Angrick, Chairman and CEO of
Liquidity Services. “This acknowledgement is a tribute to the talent and
dedication of our entire team in developing a sustainable growth
business that is the market leader.”
The Forbes list highlights public companies with sales under $1 billion,
which are ranked based on return on equity, sales growth, and earnings
growth over the past year and the past five years. Company stock
performance compared to each company’s peer group during the last 12
months was also considered in the rankings. Liquidity Services, which
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, has achieved
compound annual growth rates of 31% in marketplace Gross Merchandise
Volume (GMV) and 40% in Adjusted EBITDA from 2002 through 2011.
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 $3.0 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 over 1,100
employees. Additional information can be found at: http://www.liquidityservicesinc.com.
Source: Liquidity Services, Inc.
Liquidity Services, Inc.
Sultana F. Ali, APR