WASHINGTON–(BUSINESS WIRE)–Sep. 3, 2013–
Liquidity Services, Inc. (NASDAQ: LQDT), the leading online marketplace
for surplus goods, announced that it has been listed in the Fortune 100
Fastest Growing Companies based on historical revenue, earnings growth,
and shareholder return performance criteria. Debuting at #48 on the
list, Liquidity Services has achieved 29% revenue growth, 64% EPS
growth, and a 39% annualized total return over the three-year period
ending June 28, 2013.
“We are proud to serve the world’s top retailers, manufacturers, and
government agencies that leverage our global marketplaces, data, and
services to protect their brands and drive innovation in their supply
chains,” said Bill Angrick, Chairman and CEO of Liquidity Services. “We
remain committed to investing in the expansion of our asset management
and marketplace solutions to serve the needs of our clients and
appreciate this recognition of Liquidity Services by Fortune Magazine as
one of the fastest growing companies in the U.S.”
This is the 15th annual list of 100 Fastest Growing Companies published
by Fortune. In order to be included on this prestigious list, a company
must be traded on a major U.S. stock exchange and achieve more than $50
million in annual sales while demonstrating fast growth. Companies on
the list are ranked by revenue growth rate, EPS growth rate, and
three-year annualized total return.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations,
public sector agencies, and buying customers the world’s most
transparent, innovative, and effective online marketplaces and
integrated services for surplus assets. On behalf of its clients,
Liquidity Services has completed the sale of over $4.0 billion of
surplus, returned, and end-of-life assets in over 500 product
categories, including consumer goods, capital assets, and industrial
equipment. The company is based in Washington, D.C. and has
approximately 1,400 employees. Additional information can be found at: http://www.liquidityservicesinc.com.
Source: Liquidity Services, Inc.
Liquidity Services, Inc.
Sultana F. Ali, APR, 202-467-5723