Liquidity Services, Inc. (NASDAQ:LQDT) announced on Thursday that its financial results for its Q2 of fiscal year 2012 ended March 31, 2012. Liquidity Services provides business and government clients and purchasing customers transparent, innovative and effectual online marketplaces and integrated services for excess assets.
Liquidity Services, Inc. (LSI or the Company) posted consolidated Q2-12 record revenue of $125.7 million, an surges of around 41 percent from the previous year’s comparable period. Adjusted EBITDA, which excludes stock based reward and acquisition costs, for Q2-12 was a record $30.9 million, an surges of about 120 percent from the previous year’s similar quarter.
Turning towards the investors who viewing LQDT & LSI against Avon Products, Inc. (NYSE:AVP) surged +5.47%, Level 3 Communications, Inc. (NYSE:LVLT) rose +5.07%, US Airways Group, Inc. (NYSE:LCC) grew +4.39%, Rite Aid Corporation (NYSE:RAD) edged up +4.86% and Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) advanced +4.23%.
Liquidity Services, Inc. (NASDAQ:LQDT) stock in last session held volume of 1.75 million shares as compare to its average volume of 423,416.00 shares. The stock after opening at $58.37 hit high price of $64.39 and then closed at $62.24 by scoring +13.31%.
As the revenue measures LQDT generated revenue of 357.96 million in the following twelve months income of $27.66 million. The Company showed a positive 7.73% in the net profit margin and in addition to in its operating margin which remained 13.92%. Company’s annual sales growth for the past five year was 17.24%.
LSI Corporation (NYSE:LSI) stock reports on May 03, 2012 fell -2.67% to the closing price of $8.01. Its fifty two week range was $4.75-$9.20. The total market capitalization remained $4.55 billion.
The overall volume in the last trading session was 8.04 million shares. In its share capital LSI has 568.48 million outstanding shares among them 566.74 million shares have been floated in market exchange. LSI stock institutional ownership remained 79.71% while insider ownership included 0.20%.
The stock price volatility was 3.58% for a week and 3.45% for a month as well as price volatility’s Average True Range for 14 days was 0.31 and its beta remained 1.73.
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