10:40 AM EST - Liquidation World Inc. : reported that its first quarter net income was $0.1 million or $0.01 per share, compared to $1.8 million or $0.21 per share in the previous year quarter. For the quarter, net earnings from continuing operations decreased to $1.2 million from $2.5 million in the same quarter last year. Quarterly revenue from continuing operations decreased 9.2% to $52.8 million from $58.2 million in the year-ago quarter. Liquidation World Inc.
shares T.LQW are trading off 10 cents at $2.80.
