Business Context and Reporting Period
Company: Liquidity Services, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: February 3, 2011
Reporting Period: Quarter ended December 31, 2010
This filing serves as a notification that the Company announced its financial results for the quarter ended December 31, 2010. The detailed results are contained in a press release attached as Exhibit 99.1.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached press release (Exhibit 99.1), which is not included in the provided source text.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. Investors must refer to the attached press release for comparative analysis.
Guidance, Outlook, and Risks
Management Commentary: The filing states that the full text of the press release regarding the announcement is attached as Exhibit 99.1.
Legal Status of Information: The information contained in the press release is considered "furnished" pursuant to Item 2.02 of Form 8-K. It is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933. It is not incorporated by reference into other reports unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated February 3, 2011) for specific revenue, earnings, and cash flow figures.
- Verify the "furnished" status of the press release information, noting it is not legally "filed" under Section 18 of the Exchange Act.
- Confirm the reporting period covers the quarter ended December 31, 2010.
- Check for any subsequent filings that may incorporate the press release by reference.