Liquidity Services, Inc. Reports Net Income of $14.7 Million for the Nine Months Ended June 30, 2023
The company generated $234.5 million in revenue during the same period, demonstrating steady growth.
By USInMinutes
Published - Aug 03, 2023, 03:21 PM ET
Last Updated - Aug 03, 2023, 03:21 PM EDT
Liquidity Services, Inc.(LQDT), a leading provider of online a uction marketplace services, has announced its financial results for the nine months ended June 30, 2023. The company reported a net income of $14.7 million for the period, showcasing its solid performance in a dynamic market. Additionally, Liquidity Services achieved total revenue of $234.5 million, indicating robust growth and market presence in its industry.
Net Income
During the nine-month period ending on June 30, 2023, Liquidity Services, Inc. recorded a net income of $14.7 million. This figure represents the profits earned after accounting for all expenses and taxes, highlighting the company's ability to generate positive earnings during the stated period.
Revenue