Liquidity Services, Inc. (LQDT) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.079 Welcome to the Liquidity Services, Inc. Second Quarter of Fiscal Year 2025 Financial 00:00:05.079 -- 00:00:09.906 Results Conference Call. My name is Michelle, and I'll be your operator for today's call. 00:00:09.906 -- 00:00:12.730 Please note that this call is being recorded. 00:00:12.730 -- 00:00:15.775 At this time, all participants are in a listen-only mode. 00:00:15.775 -- 00:00:18.539 Later, we will conduct a question and answer session. 00:00:18.539 -- 00:00:23.066 I will now turn the call over to Michael Patrick, Liquidity Services Vice President and 00:00:23.066 -- 00:00:25.066 Controller. 00:00:25.510 -- 00:00:30.946 Good morning. On the call today are Bill Engrick, our Chairman and Chief Executive 00:00:30.946 -- 00:00:37.336 Officer, and Jorge Celaya, our Executive Vice President and Chief Financial Officer. 00:00:37.336 -- 00:00:41.783 They will be available for questions after their prepared remarks. 00:00:41.783 -- 00:00:46.430 The following discussion and responses to your questions reflect management's views as 00:00:46.430 -- 00:00:49.916 of today, May 8, 2025, 00:00:49.916 -- 00:00:53.161 and will include forward-looking statements. 00:00:53.161 -- 00:00:56.343 Actual results may differ materially. 00:00:56.343 -- 00:01:01.270 Additional information about factors that could potentially impact our financial results 00:01:01.270 -- 00:01:06.438 is included in today's press release and in filings with the SEC, including our most 00:01:06.438 -- 00:01:10.381 recent annual report on Form 10-K. 00:01:10.484 -- 00:01:15.492 As you listen to today's call, please have our press release in front of you, which includes 00:01:15.492 -- 00:01:20.857 our financial results as well as metrics and commentary on the quarter. 00:0...