Liquidity Services, Inc. (NASDAQ:LQDT) Q4 2022 Earnings Call Transcript

So we are going to continue to find ways to serve those areas. But we don’t — in terms of rate of growth of spend, that will moderate. And when I talked about the GovDeals monetization, we’re leveraging technologies that we’ve already deployed to other places within Liquidity Services. So it’s not a massive undertaking for us in terms of costs. And it’s an interesting time when you look at the amount of technology talent that’s now in the marketplace. You’ve had massive layoffs in many of the big tech world. So we’re always looking to be prudent and acquisitive if we can get great engineering talent through direct hires or outbound hires, but we don’t see structurally any major step function increases in our spending.

Gary Prestopino: Okay. Thank you. I appreciate that.

Operator: Thank you. And I’m not showing any further questions at this time. Thank you, ladies and gentlemen. This concludes today’s call. Thank you for participating and you may now disconnect.