Liquidity Services, Inc. (LQDT) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.877 Welcome to the Liquidity Services second quarter of fiscal year 2026 00:00:05.877 -- 00:00:10.442 financial results conference call. My name is Daniel, and I will be your operator for 00:00:10.442 -- 00:00:15.867 today's call. Please note that this conference call is being recorded. 00:00:15.867 -- 00:00:19.651 At this time, all participants are in a listen-only mode. 00:00:19.651 -- 00:00:23.515 Later, we will conduct a question and answer session. 00:00:23.515 -- 00:00:28.940 I will now turn the call over to Michael Patrick, Liquidity Services Vice President 00:00:28.940 -- 00:00:31.081 and Controller. 00:00:31.823 -- 00:00:33.405 Good morning. 00:00:33.405 -- 00:00:38.693 On the call today are Bill Engrick, our Chairman and Chief Executive Officer, 00:00:38.693 -- 00:00:44.221 and Jorge Celaya, our Executive Vice President and Chief Financial Officer. 00:00:44.221 -- 00:00:49.168 They will be available for questions after their prepared remarks. 00:00:49.168 -- 00:00:54.996 The following discussion and responses to your questions reflect management's views 00:00:54.996 -- 00:00:58.778 as of today, May 7, 2026, 00:00:58.982 -- 00:01:02.215 and will include forward-looking statements. 00:01:02.215 -- 00:01:06.017 Actual results may differ materially. 00:01:06.020 -- 00:01:11.567 Additional information about factors that could potentially impact our financial results 00:01:11.567 -- 00:01:16.854 is included in today's press release and in our filings with the SEC, 00:01:16.854 -- 00:01:21.978 including our most recent annual report on Form 10-K. 00:01:22.161 -- 00:01:27.308 As you listen to today's call, please have our press release in front of you, which 00:01:27.308 -- 00:01:33.835 includes our financial results as well as metri...