Liquidity Services(LQDT)

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Todd County to Hold First-Ever Online Tax Sale via Bid4Assets.com
GlobeNewswire News Room· 2024-12-11 20:00
LONG PRAIRIE, Minn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Bid4Assets, the leading online marketplace for distressed real estate auctions, has been selected by the Todd County, Minnesota Auditor/Treasurer’s office to host its first-ever virtual tax forfeited properties sale. The sale currently consists of 17 properties with varying minimum bids and no reserve prices, meaning that the property will sell to the high bidder regardless of price. Bidding opens Monday, December 16 and closes Wednesday, January 15. By ...
Liquidity Services Announces Fourth Quarter Fiscal Year 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-11-04 11:55
BETHESDA, Md., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that it expects to report its fourth quarter fiscal year 2024 results prior to market open on Thursday, December 12, 2024. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time. To participate in the conference call, please register here to receive the dial-i ...
Major Oil and Gas Partner to Sell Drilling Rigs on AllSurplus Marketplace
GlobeNewswire News Room· 2024-09-04 20:23
BETHESDA, Md., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy, has been selected by one of the largest oil and gas exploration and production companies in the U.S. to sell more than 30 Cameron, Watson Corsair, Rig Works, and Franks workover rigs and associated surplus assets in West Texas. The rigs are available through a sealed bid event that runs until September 12th, 2024 at 5:00 pm EDT on AllSurplus.com, the leading o ...
High-Value Energy Equipment Assets for El Dorado Gas and Oil to be Sold by AllSurplus and Tiger Group
GlobeNewswire News Room· 2024-08-23 20:24
Core Insights - Liquidity Services and Tiger Group are conducting the fifth auction related to the bankruptcy of El Dorado Gas & Oil, featuring over 230 energy assets available until August 28, 2024 [1][2] - The auction presents a unique opportunity for oil and gas operators and equipment dealers to acquire equipment at significantly lower prices than new [2] Group 1: Auction Details - The auction includes a variety of high-value energy assets such as drilling rigs, fracking equipment, pumps, and compressors [2] - Notable items available for bidding include a Siebert Heavy Haul Trailer, Frac Pump Skid, and a 2011 Hydra Rig Coiled Tubing Trailer [2] Group 2: Company Background - AllSurplus is recognized as the leading online marketplace for surplus business assets, offering sellers control and lower fees compared to traditional auction methods [3] - Liquidity Services, the parent company of AllSurplus, has a strong reputation in the surplus industry, having supported millions of customers globally [3] Group 3: Tiger Group Overview - Tiger Group specializes in asset valuation, advisory, and disposition services, leveraging over 40 years of experience [4] - The company provides clients with expertise in identifying asset value and managing asset risk factors [4]
Pike County Sheriff's Office Conducting First-Ever Online Foreclosure Sales with Bid4Assets.com
GlobeNewswire News Room· 2024-08-13 12:30
Core Insights - Pike County, Pennsylvania sheriff's office has chosen Bid4Assets to conduct its first online sheriff's sales, enhancing accessibility for residents to bid on foreclosed properties [1][2] - Bid4Assets has a long history of facilitating online auctions for government entities, having auctioned over 150,000 properties and generating more than $1 billion in government transactions [3] Company Overview - Bid4Assets is a leading online marketplace specializing in the sale of distressed real estate properties, conducting online tax and foreclosure sales across the United States [3] - The company is a subsidiary of Liquidity Services, which operates the largest B2B e-commerce marketplace for surplus assets, with over $10 billion in completed transactions [4] Industry Impact - The shift to online auctions is expected to help counties raise revenues while reducing costs, as stated by Bid4Assets President Jesse Loomis [2] - The technology adoption for online sales is seen as a significant advancement for sheriff's offices, allowing broader participation in property bidding [1]
Liquidity Services(LQDT) - 2024 Q3 - Earnings Call Transcript
2024-08-08 20:00
Liquidity Services, Inc. (NASDAQ:LQDT) Q2 2024 Results Conference Call August 8, 2024 10:30 AM ET Company Participants Michael Patrick - Investor Relations Bill Angrick - Chairman and Chief Executive Officer Jorge Celaya - Executive Vice President and Chief Financial Officer Conference Call Participants Gary Prestopino - Barrington Research George Sutton - Craig-Hallum Operator Welcome to the Liquidity Services Inc. Third Quarter of Fiscal Year 2024 Financial Results Conference Call. My name is Lauren Canno ...
Liquidity Services(LQDT) - 2024 Q3 - Quarterly Report
2024-08-08 16:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-51813 A Better Future for Surplus LIQUIDITY SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 52-22092 ...
Liquidity Services(LQDT) - 2024 Q3 - Quarterly Results
2024-08-08 11:00
Exhibit 99.1 LIQUIDITY SERVICES ANNOUNCES THIRD QUARTER FISCAL YEAR 2024 FINANCIAL RESULTS Market Share Gains and Flexible Service Of erings Fuel New Quarterly GMV Record Bethesda, MD - August 8, 2024 - Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended June 30, 2024, as compared to the corresponding prior year quarter: • Record Gross Merchandise Volume (GMV) of $380.4 milli ...
Online Marketplace AllSurplus Partners with Tiger Group to Sell Energy Equipment Assets for El Dorado Gas and Oil
Newsfilter· 2024-08-05 11:30
BETHESDA, Md., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, has partnered with Tiger Group, a major asset valuation, advisory and disposition services provider, to sell energy equipment and related assets on behalf of national energy services firm El Dorado Gas & Oil, Inc as part of a series of court-ordered online auctions related to the organization's bankruptcy (Bankruptcy Case No. 23-51715). More than 300 energy asse ...
The City of Vineland, NJ Achieves $1 Million in Online Surplus Sales Through GovDeals Partnership
Newsfilter· 2024-07-30 12:30
VINELAND, N.J., July 30, 2024 (GLOBE NEWSWIRE) -- The City of Vineland, New Jersey has recently reached the milestone of over $1 million in surplus property auction sales conducted on GovDeals, the leading online auction marketplace for government agencies, educational institutions, and related agencies to sell surplus assets. According to Jeanine N. Meneghettie, the city's Qualified Purchasing Officer, "Reallocating surplus assets and transforming them into additional resources for serving our community is ...