Liquidity Services, Inc. (NASDAQ: LQDT) today reported its financial results for its fiscal year (FY-11) and fourth quarter (Q4-11) ended September 30, 2011. Liquidity Services, Inc. provides business and government clients and buying customers transparent, innovative and effective online marketplaces and integrated services for surplus assets. Liquidity Services, Inc. reported record consolidated FY-11 revenue of $337.4 million, an increase of approximately 18% from the prior year. Adjusted EBITDA, which excludes stock-based compensation and acquisition costs and goodwill impairment, for FY-11 was a record $52.7 million, an increase of approximately 41% from the prior year. FY-11 GMV, the total sales volume of all merchandise sold through the Company's marketplaces, was a record $558.5 million, an increase of approximately 30% from the prior year. These results include the losses from our U.K. ...
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