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| November 29, 2012 |
| 11:35 EDT |  | LQDT | Liquidity Services sees drag on EPS in 1H13 from integration of GoIndustry
Liquidity Services said earlier on its Q4 earnings conference call that it expects to invest "several million dollars" to fully integrate GoIndustry over the next year, resulting in a drag on earnings during the first half of FY13. Liquidity said this is a change from its previously stated expectation that GoIndustry would be accretive to the bottom line in FY13. The company said the investment is required to fully realize the synergies available across the companies. |
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