India, May 8 -- Shares of Liquidity Services, Inc. (LQDT) are moving down about 9 percent during Thursday's trading following the announcement of second-quarter financial results, reporting earnings of $7.1 million or $0.22 a share compared to $5.7 million or $0.18 a share last year.
Currently, the company's shares are trading at $28.45, down 9.75 percent or $3.08, over the previous close of $31.53 on the Nasdaq. The stock has traded between $17.33 and $39.72 in the last one year.
Total revenue totaled $116.4 million compared to $91.5 million in the previous year.
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