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.
Liquidity Services selected by Hallmark Cards Liquidity Services has been selected by Hallmark Cards, to conduct a private treaty event for equipment considered surplus to ongoing operations for Hallmark. The assets consist mostly of industrial manufacturing equipment from Hallmark’s existing Party Supply Manufacturing division at their facility in Leavenworth, Kansas, USA.