Recent Updates — LQDT
Liquidity Services reported financial results for the fiscal third quarter ended June 30, 2026. Gross Merchandise Volume reached $453.0 million, an increase of 10% year-over-year, while revenue grew 8% to $129.6 million. GAAP net income rose 41% to $10.4 million, or $0.32 per diluted share, compared to $7.4 million in the prior year period. Non-GAAP adjusted EBITDA increased 30% to $22.0 million. The company maintains a cash balance of $231.1 million with zero financial debt and provided fourth-quarter guidance projecting GMV between $415 million and $455 million, and GAAP diluted EPS between $0.30 and $0.39. Liquidity Services operates as a global provider of e-commerce marketplaces and software solutions that facilitate the circular economy.
Liquidity Services, Inc. announced the retirement of Chief Human Resources Officer Novelette Murray and the appointment of Karen Fascenda as her successor, effective July 6, 2026. Liquidity Services, Inc. operates in the global marketplace for liquidating assets through various online platforms.
On June 22, 2026, Liquidity Services, Inc. and Wells Fargo Bank, National Association entered into the Fourth Amendment to Credit Agreement. This amendment extends the maturity date of the existing Credit Agreement, originally dated February 10, 2022, from March 31, 2027, to March 31, 2028. All other terms and conditions of the agreement remain unchanged. The company operates in the e-commerce industry, providing managed marketplace solutions for the sale of surplus assets.