In addition to these sales, Jaime gifted 100,000 shares to his spouse, as noted in the filing. This transaction did not involve any monetary exchange. Following these transactions, Jaime retains direct ownership of 3,660 shares and indirect ownership through trusts and his spouse. InvestingPro analysis shows the company maintains strong fundamentals with a GREAT financial health score and analyst price targets ranging from $37 to $40. Subscribers can access 16 additional ProTips and comprehensive valuation metrics in the Pro Research Report. InvestingPro analysis shows the company maintains strong fundamentals with a GREAT financial health score and analyst price targets ranging from $37 to $40. Subscribers can access 16 additional ProTips and comprehensive valuation metrics in the Pro Research Report.
In addition to these sales, Jaime gifted 100,000 shares to his spouse, as noted in the filing. This transaction did not involve any monetary exchange.
Following these transactions, Jaime retains direct ownership of 3,660 shares and indirect ownership through trusts and his spouse.
In other recent news, Liquidity Services (NASDAQ:) Inc. has made significant strides in its recent financial performance. The company outperformed expectations in its Q4 2024 earnings report, reporting earnings per share (EPS) of $0.32, surpassing the forecast of $0.28, and revenue for the quarter reached $106.9 million, more than doubling the projected $50.88 million. Liquidity Services has also reported an annual Gross Merchandise Volume (GMV) of $1.4 billion, a 14% increase year-over-year, and ended the quarter with $155.5 million in cash and no debt.
These recent developments have been driven by substantial increases in GMV and revenue. Year-over-year, Liquidity Services’ annual revenue increased by 16%, reflecting robust demand in its core markets. In addition, the company reported a GAAP net income of $20 million, up 9% YoY, and an operational cash flow of $22 million generated in Q4.
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, focusing on market share expansion and service enhancements.
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