WASHINGTON (AP) _ Liquidity Services Inc. (LQDT) on Tuesday reported a loss of $13.9 million in its fiscal fourth quarter.
On a per-share basis, the Washington-based company said it had a loss of 44 cents. Losses, adjusted for non-recurring costs, came to 33 cents per share.
The surplus equipment company posted revenue of $61.4 million in the period.
For the year, the company reported that its loss narrowed to $39.2 million, or $1.25 per share. Revenue was reported as $270 million.
For the current quarter ending in January, Liquidity Services expects its results to range from a loss of 34 cents per share to a loss of 25 cents per share.
Liquidity Services shares have fallen 41 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $5.75, a decrease of 39 percent in the last 12 months.