The company reports an 18% year-over-year rise in consolidated direct profit amid global trade disruptions.
Liquidity Services projected third-quarter gross merchandise volume of $425M to $465M, citing resilience despite global tariffs, weather disruptions, and geopolitical tensions. The company also highlighted a $50M share repurchase capacity.
Consolidated direct profit rose 18% year-over-year, while another metric surged 37% in the same period. The March quarter performance reflects efforts to navigate macroeconomic challenges.
No immediate market reaction was disclosed in the earnings call summary.