Total : 17 View more »
WASHINGTON, Nov 02, 2009 (BUSINESS WIRE) --
Liquidity Services, Inc. (NASDAQ: LQDT), a leading online auction marketplace for wholesale surplus and salvage assets, announced today that it will report the results of its fourth quarter and fiscal year ended September 30, 2009 on Thursday, December 3, 2009, at 5:00 p.m. Eastern Time. Bill Angrick, Chairman and CEO, and Jim Rallo, CFO, will host the earnings event.
Investors and other interested parties may access the teleconference by dialing 866-202-4367 or 617-213-8845 and providing the participant pass code 84652431. A live web cast of the conference call will also be provided on the Company's investor relations website at http://www.liquidityservicesinc.com.
A replay of the web cast will be available on the Company's website for 30 calendar days ending January 3, 2010 at 11:59 p.m. ET. An audio replay of the teleconference will also be available until January 3, 2010 at 11:59 p.m. ET. To listen to the replay, dial 888-286-8010 or 617-801-6888 and provide pass code 88976698. Both replays will be available starting at 8:00 p.m. on the day of the call.
About Liquidity Services, Inc. (LQDT)
Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable corporations and government agencies to market and sell surplus assets and wholesale goods quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. and has approximately 700 employees. Additional information can be found at: www.liquidityservicesinc.com.
SOURCE: Liquidity Services, Inc.
Liquidity Services, Inc. Julie Davis 202-558-6234 julie.davis@liquidityservicesinc.com
Tags: ceo conference earnings government market nasdaq online washington wholesale
Companies: Liquidity Services Inc (LQDT)
WASHINGTON, Oct 22, 2009 (BUSINESS WIRE) --
Ranked by Forbes Magazine, Liquidity Services Inc. (LSI), is one of America's 200 Best Small Companies for the second consecutive year. As the leading online marketplace for surplus goods, LSI ranks #88 on this year's list as a result of its strong performance over the past twelve month and five year periods. LSI's growth stems from the increased value it delivers clients and buying customers through its transparent and innovative online marketplaces and integrated services. LSI has helped leading retailers, manufacturers and government agencies achieve higher financial returns, improved cycle times and superior oversight in the sale of large volumes of surplus assets. This year, LSI is also uniquely featured as one of eight companies on this year's list still led by founding members.
"We are honored to again be recognized by Forbes Magazine for the outstanding growth our team has achieved while serving a roster of prestigious Fortune 500 clients and over 2,400 government agencies," said Bill Angrick, Chairman and CEO of LSI. "Our relentless focus on improving the breadth and quality of service we provide our clients and buyers has positioned us well for long term profitable growth and continued market leadership. In our fiscal year 2009, we have enhanced our business by investing in our infrastructure and marketplace innovation, driving operational efficiencies and enhancing the quality of our new business pipeline as commercial and government clients seek more value in the reverse supply chain during these difficult economic times. In addition, we have expanded the size of our buyer base to nearly 1.2 million professional and end-user buyers resulting in the most liquid and competitive marketplace for surplus assets in the industry."
Total sales, or Gross Merchandise Volume (GMV) across LSI's marketplaces, including www.liquidation.com, www.govliquidation.com, www.govdeals.com and www.liquibiz.com, have grown 304% over the past five fiscal years from $89 million in 2004 to $360 million in 2008. During the 12 months ended June 30, 2009, LSI recorded GMV of $363.5 million, or approximately 14% growth versus the prior year period. In addition, LSI has achieved 27 consecutive quarters of profitability, has zero debt and over $61 million in cash as of June 30, 2009.
Forbes annual list of America's 200 Best Small Companies features outfits that have annual revenue between $5 million and $750 million, have been publicly traded for at least a year and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Researchers also compared the stock performance of each company with that of its peers. Shares of last year's list members outpaced the Russell 2000 small-cap index by 10 percentage points.
About Liquidity Services, Inc. (LQDT)
Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable corporations and government agencies to market and sell surplus assets quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. and has approximately 700 employees. Additional information can be found at: www.liquidityservicesinc.com.
SOURCE: Liquidity Services Inc. (LSI)
Liquidity Services, Inc. Julie Davis, 202-558-6234 julie.davis@liquidityservicesinc.com
Tags: business ceo commercial debt earnings equity government index magazine market nasdaq online pipeline sales small cap washington
Companies: Liquidity Services Inc (LQDT)
Sep 28, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Liquidity Services, Inc., an operator of business-to-business (B2B) auction marketplaces, has acquired Dyscern LLC, a company specializing in the recovery and resale of consumer electronics.
Both the companies are based in the US.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-09-27
Deal Participants
Target (Company) Dyscern LLC Acquirer (Company) Liquidity Services, Inc.
Deal Rationale
The acquisition provides Liquidity Services the ability to liquidate items directly to consumers (B2C) allowing it to take advantage of additional inventory opportunities. Dyscern also gives Liquidity Services an entry into the trade-in segment of the secondary market through its Tradeups.com website.
Tags: acquisition business consumer electronics market
Companies: Liquidity Services Inc (LQDT)
Aug 31, 2009 (Wall Street Horizon via COMTEX) --
Liquidity Services Inc. (LQDT)
Expected next earnings release: Announcement date: 12/3/2009 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Expected next investor conference call information: Conference Call Date: 8/4/2009 Conference Call Time (ET): 5:00 PM Conference Call URL: http://us.lrd.yahoo.com/_ylt=Amnco0DLRnd0mxUF2kyGxV7jba9_/SIG=16b2s7sdf/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.liquidityservicesinc.com%26esheet=6002139%26lan=en_US%26anchor=http%253A%252F%252Fwww.liquidityservicesinc.com%26index=1
Tags: conference corporate earnings market
Companies: Liquidity Services Inc (LQDT)
Total : 13 View more »
"Not only does LSI provide us with a quick and easy way for our customers to send in merchandise and receive remittance checks, but the company uses its expertise in the secondary market to resell returned and damaged items for the highest market value..." Read More »
Recent auctions on LSI's online marketplace, www.liquidation.com, have generated a recovery rate 514 percent higher than expected by ShopNBC using its traditional disposition methods, according to the service provider.
http://www.isourceonline.com/article_arch.asp?article_id=6674
Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.
http://www.newratings.com/headlines/Liquidity-Services-Inc-_US53635B1070.html
Liquidity Services, Inc. (LSI) is a leading online auction marketplace for wholesale, surplus and salvage assets.
http://www.businesswiththailand.com/search/memberdetails.asp?objid=350789
Total : 43 View more »
Liquidation services for military, government and general surplus. Includes asset recovery solutions.
Stay informed on the latest Liquidity Services Incorporated news. TheStreet is the source for financial market and Wall Street news, trading stock and personal finance advice.
http://www.thestreet.com/topic/7944/liquidity-services-incorporated.html
Information about Liquidity Services Incorporated ... RSS feeds allow Web site content to be gathered via feed reader software.
Find business news, business blogs, executive career advice, business travel, business culture, company & executive profiles.
http://www.portfolio.com/resources/company-profiles/Liquidity-Services-Incorporated-8990