Liquidity Services, Inc. (LQDT) Q4 2023 Earnings Call Transcript


Liquidity Services, Inc. (NASDAQ:LQDT) Q4 2023 Earnings Conference Call December 7, 2023 10:30 AM ET

Company Participants

William Angrick – Chairman & Chief Executive Officer

Jorge Celaya – Executive Vice President & Chief Financial Officer

Conference Call Participants

Gary Prestopino – Barrington Research

George Sutton – Craig-Hallum Capital

Operator

Hello and welcome to Liquidity Services, Inc. Fourth Quarter of Fiscal Year 2023 Financial Results Conference Call. My name is Tawanda and I will be your operator for today’s call. Please note that this conference call is being recorded. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.

On the call today are Bill Angrick, Liquidity Services’ Chairman and Chief Executive Officer; and Jorge Celaya, its Executive Vice President and Chief Financial Officer. They will be available for questions after their prepared remarks.

The following discussion and responses to your questions reflect Liquidity Services’ management’s view as of today, December 7, 2023, and will include forward-looking statements. Actual results may differ materially. Additional information about factors that could potentially impact the financial results is included in today’s press release and in filings with the SEC, including the most recent annual report on Form 10-K.

As you listen to today’s call, please have the press release in front of you, which includes Liquidity Services’ financial results as well as metrics and commentary on the quarter. During this call, Liquidity Services’ management will discuss certain non-GAAP financial measures. In its press release and filings with the SEC, each of which is posted on its website and you will find additional disclosures regarding these non-GAAP measures, including the reconciliations of these measures with the comparable GAAP measures as available.

Liquidity Services’ management also uses certain supplemental operating data as a measure of certain components of operating performance



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