NasdaqGS:LQDTCommercial Services
Liquidity Services (LQDT) Stock Eyes Execution Streak After Profit Jump
Liquidity Services entered this earnings release with a quietly strong run, with the stock up around 16% over the past three months, and the market barely flinched today with a 0.1% move. That calm surface hides a punchy quarter. The company posted Q3 revenue of US$129.6m and basic earnings per share of US$0.33, while gross merchandise volume reached US$453m. Management also highlighted its 10th straight quarter of year over year adjusted EBITDA growth, which puts execution, not hype, at the...