Recap: Liquidity Services Q2 Earnings

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Liquidity Services LQDT reported its Q2 earnings results on Thursday, May 4, 2023 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Liquidity Services beat estimated earnings by 33.33%, reporting an EPS of $0.2 versus an estimate of $0.15.

Revenue was up $13.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 2.02% increase in the share price the next day.

Here's a look at Liquidity Services's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.15 0.23 0.24
EPS Actual 0.19 0.19 0.21 0.17
Revenue Estimate 67.09M 72.88M 70.33M 70.33M
Revenue Actual 72.28M 75.20M 69.87M 68.28M

To track all earnings releases for Liquidity Services visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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