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LIQUIDITY SERVICES, INC.

(LQDT)
  Report
Delayed Nasdaq  -  04:00:00 2023-01-30 pm EST
14.48 USD   -3.34%
01/20Liquidity Services : ANNOUNCES FOURTH QUARTER FISCAL YEAR 2022 FINANCIAL RESULTS - Form 8-K
PU
01/20Liquidity Services Inc : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
AQ
01/20Liquidity Services Completes Sale of Hydrocracker Reactor in Gwangyang, South Korea on AllSurplus.com
GL
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Liquidity Services Selected to Sell Two Offshore Oil and Gas Helicopters

06/06/2022 | 08:17am EST

PICAYUNE, Miss., June 06, 2022 (GLOBE NEWSWIRE) -- Liquidity Services, a leading global commerce company powering the circular economy, is auctioning two Bell 407GX helicopters to the public through their online marketplace, AllSurplus, until June 23, 2022

The 2013 Bell 407GX Utility Helicopters have 2,893 and 2,828 flying hours respectively and each has a single Rolls Royce 250-C47b engine. Corporate maintenance records can be made available upon bidder request.

“These aircraft were originally equipped to support offshore oil and gas activities and are ready equipped to join any fleet today. As these models are universal, Liquidity Services will utilize its global footprint of buyers to identify a home for these helicopters,” says Jeff Morter, Liquidity Services Director of Energy, Capital Assets Group.  

The helicopters will be at auction until June 23, 2022, and bids require a refundable $5,000 deposit before being placed. The deposit goes towards the final price of the auction for the winning buyer and will be immediately refunded for all others.

The seller joins more than 15,000 corporate and government sellers worldwide who use the Liquidity Services online marketplaces to help power the circular economy by selling valuable surplus items to more than 4.7 million qualified buyers worldwide. Choosing to auction both helicopters online allows the seller to take advantage of the increased exposure a virtual auction provides and supports their goals for sustainability while focusing on achieving zero waste through reuse and recycling.

About AllSurplus
AllSurplus is the world’s leading marketplace for surplus business assets, ranging from heavy equipment to transportation assets and industrial machinery. AllSurplus is the smartest, fastest way to sell inventory and equipment as sellers can directly launch and manage their listings in just days with more control and lower fees than traditional auction solutions. AllSurplus is powered by one of the most experienced and trusted companies in the surplus industry: Liquidity Services (NASDAQ: LQDT), which has supported millions of customers across the globe. AllSurplus buyers have direct access to all the surplus assets across Liquidity Services’ network of marketplaces in one centralized location.

About Liquidity Services

Liquidity Services (NASDAQ: LQDT) operates the world’s largest B2B e-commerce marketplace platform for surplus assets with over $9 billion of completed transactions, to more than 4.7 million qualified buyers and 15,000 corporate and government sellers worldwide. It supports its clients' sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.

Contact: 
Ruth Hernandez, Liquidity Services
(713) 590-1418
Ruth.Hernandez@liquidityservices.com 


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Source: Liquidity Services, Inc.

2022 GlobeNewswire, Inc., source Press Releases

All news about LIQUIDITY SERVICES, INC.
01/20Liquidity Services : ANNOUNCES FOURTH QUARTER FISCAL YEAR 2022 FINANCIAL RESULTS - Form 8-..
PU
01/20Liquidity Services Inc : Change in Directors or Principal Officers, Financial Statements a..
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01/20Liquidity Services Completes Sale of Hydrocracker Reactor in Gwangyang, South Korea on ..
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2022Liquidity Services : Conference Call Participants - Form 8-K
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2022Liquidity Services Inc : Other Events, Financial Statements and Exhibits (form 8-K)
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Analyst Recommendations on LIQUIDITY SERVICES, INC.
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Financials (USD)
Sales 2023 303 M - -
Net income 2023 20,3 M - -
Net Debt 2023 - - -
P/E ratio 2023 23,7x
Yield 2023 -
Capitalization 458 M 458 M -
Capi. / Sales 2023 1,51x
Capi. / Sales 2024 1,39x
Nbr of Employees 735
Free-Float 76,2%
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Consensus
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Mean consensus BUY
Number of Analysts 2
Last Close Price 14,48 $
Average target price 24,00 $
Spread / Average Target 65,7%
EPS Revisions
Managers and Directors
William Paul Angrick Chairman & Chief Executive Officer
Jorge A. Celaya Chief Financial Officer & Executive Vice President
Steven J. Weiskircher Chief Technology Officer
Phil Anthony Clough Independent Director
Patrick Walter Gross Lead Independent Director
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