Liquidity services CFO Jorge Celaya sells $564,014 in stock

Published 18/12/2024, 23:12
LQDT
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Following this sale, Celaya retains ownership of 33,608 shares in Liquidity Services (NASDAQ:LQDT). The transaction highlights a notable movement of stock by a senior executive, which can often draw attention from investors and analysts monitoring insider activity within the company. According to InvestingPro analysis, the company currently appears fairly valued, with multiple financial health indicators and 16 additional ProTips available for subscribers seeking deeper insights into this $955 million market cap company. According to InvestingPro analysis, the company currently appears fairly valued, with multiple financial health indicators and 16 additional ProTips available for subscribers seeking deeper insights into this $955 million market cap company.

Following this sale, Celaya retains ownership of 33,608 shares in Liquidity Services. The transaction highlights a notable movement of stock by a senior executive, which can often draw attention from investors and analysts monitoring insider activity within the company.

In other recent news, Liquidity Services Inc. has been making headlines with its impressive financial performance. The company's Q4 2024 earnings report outperformed expectations, with both earnings per share (EPS) and revenue exceeding projections. The EPS for the quarter was reported at $0.32, surpassing the forecast of $0.28. Moreover, the company's revenue for the quarter reached $106.9 million, more than doubling the $50.88 million forecast.

Notably, Liquidity Services reported an annual Gross Merchandise Volume (GMV) of $1.4 billion, marking a 14% increase year-over-year. The company also ended the quarter with a substantial $155.5 million in cash and no debt.

In addition to these achievements, Liquidity Services demonstrated significant growth in Q4 2024, driven by substantial increases in GMV and revenue. The company's annual revenue increased by 16% year-over-year, reflecting robust demand in its core markets.

Looking ahead, Liquidity Services provided guidance for Q1 2025, projecting GMV between $350 million and $385 million and GAAP net income of $2.5 million to $5 million. The company aims to achieve a GMV of $2 billion within the next few years and targets $100 million in annual EBITDA.

These recent developments highlight Liquidity Services' strong financial performance and its promising future outlook as noted by the company's CEO, Bill Angrick, and various analysts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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