Liquidity Services, Inc. (LQDT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.318 Ladies and gentlemen, welcome to the Liquidity Services First Quarter Fiscal Year 2026 00:00:05.318 -- 00:00:10.765 Financial Results Conference Call. My name is Michelle, and I will be your operator 00:00:10.765 -- 00:00:15.951 for today's call. Please note that this conference call is being recorded. 00:00:15.951 -- 00:00:21.098 At this time, all participants are in a listen-only mode. 00:00:21.098 -- 00:00:24.662 Later, we will conduct a question and answer session. 00:00:24.662 -- 00:00:29.936 I will now turn the call over to Michael Patrick, liquidity services 00:00:29.936 -- 00:00:34.562 vice president and controller. Please go ahead. 00:00:34.562 -- 00:00:36.265 Good morning. 00:00:36.265 -- 00:00:42.193 On the call today are Bill Angrick, our chairman and chief executive officer, 00:00:42.193 -- 00:00:44.176 and Jorge Celaya, 00:00:44.176 -- 00:00:48.082 our executive vice president and chief financial officer. 00:00:48.082 -- 00:00:52.688 They will be available for questions after their prepared remarks. 00:00:52.688 -- 00:00:57.758 The following discussion and responses to your questions reflect management views 00:00:57.758 -- 00:01:02.484 as of today, February 5th, 2026, 00:01:02.484 -- 00:01:05.668 and will include forward-looking statements. 00:01:05.668 -- 00:01:09.213 Actual results may differ materially. 00:01:09.213 -- 00:01:14.520 Additional information about factors that could potentially impact our financial results 00:01:14.520 -- 00:01:19.787 is included in today's press release and in filings with the SEC, 00:01:19.787 -- 00:01:24.355 including our most recent annual report on Form 10-K. 00:01:24.355 -- 00:01:29.463 As you listen to today's call, please have our press release in front of you, 00:01:29.463 --...