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Liquidity Services Appoints Karen Fascenda as New CHRO
Liquidity Services announced the appointment of Karen Fascenda as its new Chief Human Resources Officer, effective July 6, 2026. Fascenda succeeds Novelette Murray who will retire from the same role effective July 6, 2026, following a distinguished tenure leading the Company's global human resources function. Karen Fascenda joins Liquidity Services as CHRO, bringing more than 20 years of experience in human capital strategies supporting high growth e-commerce, technology and business services enterprises.
Liquidity Services Reports Q1 Revenue of $121.2M
Reports Q1 revenue $121.2M vs. $122.3M last year. Reports Q1 GMV $398.0M, a 3% increase from $386.1M in 1Q25. "We delivered a strong start to fiscal 2026 with profitability ahead of expectations, reflecting the strong buyer and seller participation within our marketplace platform. Our Retail segment's strong performance was driven by growing multi-channel buyer participation, while GovDeals and our CAG heavy equipment category benefited from continued momentum in market share expansion. We also continued to drive operating leverage throughout our business through the smart deployment of AI and automation to improve efficiency, strengthen decision making, and elevate our customer experience. During the quarter we also leveraged our Software Solutions segment's auction software suite of services to support the successful launch of our Retail Rush consumer auction channel. With a healthy pipeline entering the second quarter, we remain confident in our ability to deliver year-over-year growth and create long-term value for customers and shareholders," said Bill Angrick, CEO of Liquidity Services.
Sees Q2 Non-GAAP Adjusted EBITDA of $14.0M-$17.0M
Sees Q2 non-GAAP adjusted EBITDA $14.0M-$17.0M. Sees Q2 GMV $375M-$415M.
Liquidity Services announces Q4 adjusted EPS of 37 cents, up from 32 cents a year ago.
Reports Q4 revenue $118.1M vs. $106.9M last year. Q4 GMV was $404.5M, a 12% increase from $361.0M in 4Q24. "Our outstanding Q4 results reflect the depth, scale and liquidity of our proprietary marketplace platform and our team's customer focused culture...We continue to expand and enhance our capabilities, including our recent integration of new payment solutions to improve the buyer experience and operational efficiency of our marketplaces...Looking ahead, we are energized by the opportunities to further scale our marketplace platform, deepen client relationships, and extend our leadership in the circular economy. Surpassing $15B in cumulative GMV this year is a testament to the trust buyers and sellers have placed in our platform's reach and impact. Driven by our organic growth initiatives and acquisition pipeline, we are well-positioned to build on this momentum and create lasting value for our clients, partners, and shareholders," said Bill Angrick, CEO.
Machinio Launches New Service-Specific Features on Its System Platform
Machinio is introducing service-specific features to enhance its Machinio System platform. These features will support the service side of their customers' businesses in tandem with the existing machinery sales platform. New capabilities will allow and encourage Machinio System users to advertise and manage the critical supporting services of their equipment sales businesses. The new Service Management features offer a suite of tools designed to streamline service management and improve customer engagement: Service Requests: Machinio System clients can now separate inbound services inquiries from machinery buyer leads. Service-Specific Pages/Forms: Machinio System clients can now promote individual services through search engine optimized pages, complete with dedicated inquiry forms. These forms are designed to capture essential, service-specific details upfront, ensuring users receive all the necessary information to respond effectively. Integrated CRM Workflow: Service inquiries are seamlessly integrated into the Machinio System CRM, automatically linking to the relevant contact or company record. Email notifications are promptly dispatched to designated CRM users, minimizing manual effort and ensuring data accuracy and centralization. Dashboard Visibility: Service inquiries are distinctly displayed on the dashboard, separate from inventory or webshop leads. This provides users with a clear overview of service-specific lead flow, enabling focused management and response. Direct Quoting from CRM: Users can efficiently generate and send service quotes directly from the CRM, simplifying the process from initial inquiry to proposal delivery.
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