Liquidity Services (LQDT) Q3 2026 Earnings Call Transcript

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DATE

Thursday, Aug. 6, 2026 astatine 10:30 a.m. ET

CALL PARTICIPANTS

• Vice President and Controller - Michael Patrick

• Chairman and Chief Executive Officer - William Angrick

• Executive Vice President and Chief Financial Officer - Jorge A. Celaya

Full Conference Call Transcript

Operator: Welcome to the Liquidity Services Third Quarter of Fiscal Year 26 Financial Results Conference Call. My sanction is Shannon, and I volition beryllium your relation for today's call. Please enactment that this league telephone is being recorded. At this time, each participants are successful a listen-only mode. Later, we volition behaviour a question-and-answer session. I volition present crook the telephone implicit to Michael Patrick, Liquidity Services Vice President and Controller.

Michael Patrick: Good morning. On the telephone contiguous are William Angrick, our Chairman and Chief Executive Officer and Jorge A. Celaya, our Executive Vice President and Chief Financial Officer. They volition beryllium disposable for questions aft their prepared remarks. The pursuing treatment and responses to your questions bespeak management's views arsenic of today, 08/06/2026, and volition see guardant looking statements. Actual results whitethorn disagree materially. Additional accusation astir factors that could perchance interaction our fiscal results is included successful today's property merchandise and successful filings with the SEC, including our astir caller yearly study connected Form 10 k. As you perceive to today's call, delight person our property merchandise successful beforehand of you.

Which includes our fiscal results arsenic good arsenic metrics and commentary connected the quarter. During this call, absorption volition sermon definite non GAAP fiscal measures. In our property merchandise and filings with the SEC, each of which is posted connected our website, you volition find further disclosures regarding these non-GAAP measures, including the reconciliations of these measures with their astir comparable GAAP measures, arsenic available. Management besides uses definite supplemental operating information arsenic a measurement of definite components of operating performance. Which we besides judge is utile for absorption and investors. This supplemental operating information includes gross merchandise measurement and should not beryllium considered a substitute for oregon superior to GAAP results.

At this time, I volition crook the presumption implicit to our president and CEO, Bill Angrick.

William Angrick: Thanks, Michael. Good morning, and invited to our net call. Our beardown Q3 results bespeak the continued palmy execution of our RISE strategy, which focuses connected 4 priorities. Maximizing betterment for sellers, expanding transaction volume, expanding worth added services, and leveraging exertion to thrust operating efficiency. Together, these initiatives are producing stronger fiscal show arsenic we confidently march towards our $2 cardinal yearly GMV target. And reenforce our enactment presumption successful the $100 cardinal circular economy. Our strategy is bringing measurable results.