Liquidity Services Moves Up Washington Post 200
Fast-growing, DC-based tech innovator ranked as top public company by
WASHINGTON -- December 23, 2013
Liquidity Services, Inc. (NASDAQ: LQDT), a global provider of surplus asset
management services and leading online marketplaces for surplus goods, has
been recognized as part of the Washington Post’s annual Post 200, an annual
ranking of the firms and organizations that “power the local economy.”
Liquidity Services is ranked #49 by revenue on this prestigious 2013 list,
moving up from its #59 ranking in 2012.
“We made important investments this past year to expand our industry coverage,
breadth of services, and geographic reach, to enable smarter supply chain and
sustainability programs for the world’s top organizations while providing
small businesses and end users with access to high quality, surplus assets
through our growing online marketplace,” said Bill Angrick, Chairman and CEO
of Liquidity Services. “As we set the pace for innovation in our industry,
it’s an honor to receive this acknowledgement from the Washington Post which
is reflective of the efforts by our global team.”
A record 530,000+ transactions for surplus assets and inventory were
transacted through Liquidity Services in fiscal year 2013, resulting in record
revenue of $505.9 million and record Gross Merchandise Volume (GMV) of $973.3
The Washington Post collected information from companies; law and lobby firms;
banks and credit unions; and nonprofit organizations based in or with major
operations in the District, Virginia and Maryland to determine which firms
should qualify. Only companies that reported at least $150 million in 2012
revenue were included in the Post 200. The 2013 Post 200 List has also ranked
companies by Net Income (Liquidity Services #35), Stockholder Equity
(Liquidity Services #45), Assets (Liquidity Services #59), and Dividends
(Liquidity Services #68).
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 $4.3 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 more
than 1,300 employees. Additional information can be found at
Liquidity Services, Inc.
Sultana F. Ali, APR
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