Liquidity Services Inc. (Nasdaq: LQDT) disappointed with sharply lower second quarter earnings of 26 cents per diluted share compared with 48 cents per diluted share a year earlier that fell short of expectations, forecast current quarter earnings below estimates and cut its full year earnings guidance. The stock price plummeted $5.14 to close at $12.17.
Liquidity Services Disappoints
May 08, 2014 at 17:34 PM EDT