Liquidity Services: Fiscal Q4 Earnings Snapshot

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Liquidity Services Inc. (LQDT) on Thursday reported earnings of $6.4 million in its fiscal fourth quarter.

The Bethesda, Maryland-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 32 cents per share.

The surplus equipment company posted revenue of $106.9 million in the period.

For the year, the company reported profit of $20 million, or 63 cents per share. Revenue was reported as $363.3 million.

For the current quarter ending in December, Liquidity Services expects its per-share earnings to range from 18 cents to 26 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LQDT at https://www.zacks.com/ap/LQDT

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