Welcome to our dedicated page for Hirequest news (Ticker: HQI), a resource for investors and traders seeking the latest updates and insights on Hirequest stock.
HireQuest Inc (HQI) delivers staffing solutions through a nationwide franchise network specializing in direct dispatch, executive search, and commercial services. This page provides investors and industry professionals with a centralized source for official company announcements and operational updates.
Track HQI's latest press releases, earnings reports, and strategic initiatives in the temporary staffing sector. Access verified information on leadership changes, franchise expansions, and industry recognitions alongside analysis of regulatory filings and market positioning updates.
Key updates include quarterly financial results, mergers/acquisitions, service line expansions, and technology enhancements to its payroll platform. Content is organized chronologically showcase material developments while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to HireQuest's corporate communications. Combine these primary sources with broader market analysis to inform your understanding of HQI's role in the evolving staffing industry.
HireQuest (NASDAQ:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, has announced a quarterly dividend of $0.06 per share. The dividend will be paid on June 16, 2025, to shareholders who are on record as of June 2, 2025.
TrueBlue (NYSE: TBI) has adopted a limited duration shareholder rights agreement in response to HireQuest's (Nasdaq: HQI) unsolicited proposal to acquire TrueBlue at $7.50 per share. The Rights Agreement, effective until May 13, 2026, implements a "poison pill" strategy that allows shareholders to purchase additional shares at a 50% discount if any entity acquires 15% (or 20% for certain Schedule 13G investors) or more of TrueBlue's common stock without Board approval.
The agreement aims to protect shareholder interests by ensuring potential acquirers pay an appropriate control premium and giving the Board sufficient time to evaluate acquisition proposals. The Board retains the right to redeem rights at $0.01 per right or exchange them for common stock. Existing shareholders above the threshold will be grandfathered, subject to certain conditions.
HireQuest (Nasdaq: HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, has scheduled its first quarter 2025 financial results conference call for Thursday, May 8, 2025, at 4:30 p.m. Eastern Time. The call will discuss financial results for Q1 ending March 31, 2025.
Investors can access the call through toll-free (877-545-0320) or international (973-528-0002) numbers using entry code 336114. The conference will be broadcast live at webcaster4.com and through HireQuest's investor relations website. A replay will be available until May 22, 2025, via toll-free (877-481-4010) or international (919-882-2331) numbers with passcode 52383.
HireQuest (NASDAQ:HQI) announced that CFO Steve Crane will retire effective May 31, 2025, with David Hartley, current VP of Operational Finance and Corporate Development, appointed as his successor. Hartley, who joined HireQuest in 2020, has been instrumental in executing over fifteen acquisitions and leading the company's growth strategy.
The transition has been planned for multiple years, with Crane supporting the handover process in the coming weeks. The company emphasized continuity with support from Chief Accounting Officer Cory Smith, who has been with HireQuest since 2016.
CEO Rick Hermanns praised Crane's contributions to developing the accounting and finance department, while expressing confidence in Hartley's capabilities, citing his business acumen, strategic understanding, and experience in driving shareholder value through acquisitions.
HireQuest (Nasdaq:HQI) reported its Q4 and full-year 2024 financial results, showing mixed performance amid challenging market conditions. Q4 2024 saw franchise royalties decrease 14.0% to $7.6M and total revenue decline 17.2% to $8.1M, while net income improved to $2.2M ($0.16/share) from $15,000 in Q4 2023.
For full-year 2024, the company reported franchise royalties of $32.7M (down 8.8%), total revenue of $34.6M (down 8.7%), and net income of $3.7M ($0.26/share). System-wide sales decreased 6.9% to $563.6M. Notable improvements include reduced SG&A expenses (down 12.4%) and workers' compensation costs.
The company maintains a solid financial position with $2.2M in cash, $33.4M available credit line, and continues paying quarterly dividends of $0.06 per share.
HireQuest (NASDAQ:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, has scheduled its fourth quarter and year-end 2024 financial results conference call for Thursday, March 27, 2025, at 4:30 p.m. Eastern Time.
The conference call will be accessible through a live webcast at webcaster4.com and through HireQuest's investor relations website. A replay of the call will remain available until Thursday, April 10, 2025. Participants are advised to join the conference call 5-10 minutes before the start time to register.
HireQuest (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, has announced its Board of Directors' declaration of a quarterly dividend of $0.06 per share. The dividend will be paid on March 17, 2025, to shareholders of record as of the close of business on March 3, 2025.
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