Liquidity Services: Fiscal Q2 Earnings Snapshot

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Liquidity Services Inc. (LQDT) on Thursday reported profit of $7.1 million in its fiscal second quarter.

On a per-share basis, the Bethesda, Maryland-based company said it had net income of 22 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share.

The surplus equipment company posted revenue of $116.4 million in the period.

For the current quarter ending in June, Liquidity Services expects its per-share earnings to range from 27 cents to 36 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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