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, Inc. (NASDAQ:HQI) announced a conference call scheduled for May 11, 2023, at 4:30 p.m. ET to discuss its financial results for the first quarter ended March 31, 2023. This call will provide insights into the company's performance and financial metrics. Investors can join the call by dialing 877-545-0523 (toll-free) or 973-528-0016 (international). A live broadcast will also be available and a replay can be accessed until May 25, 2023. HireQuest operates over 400 franchisee-owned offices across the United States, employing approximately 81,000 individuals annually. For further details, visit www.hirequest.com.
HireQuest, Inc. (Nasdaq: HQI) reported Q4 2022 results showing a 26.4% YoY growth in franchise royalties to $7.7 million and a 23.1% increase in total revenue to $8.0 million. Net income from continuing operations rose 21.0% to $2.6 million ($0.19 per diluted share). For the full year, franchise royalties surged 35.6% to $28.9 million and total revenue climbed 37.4% to $31.0 million. Adjusted EBITDA improved to $4.4 million in Q4 and $22.0 million for the year. The company completed the acquisition of MRINetwork, enhancing its executive recruiting capabilities. Cash increased to $3.0 million from $1.3 million YoY.
HireQuest, Inc. (NASDAQ:HQI) will conduct a conference call on March 16, 2023, at 4:30 p.m. ET to discuss its fourth quarter and year-end financial results for 2022. Participants can join via toll-free dial-in number 888-506-0062 or international number 973-528-0011, using entry code 954338. The call will be available live and via replay until March 30, 2023. HireQuest is a national franchisor providing staffing solutions through over 400 franchisee-owned offices, employing around 81,000 individuals across diverse industries. For further details, visit hirequest.com.
HireQuest, Inc. (NASDAQ:HQI) has announced a quarterly dividend of $0.06 per share, payable on March 15, 2023. Shareholders of record as of March 1, 2023 will receive this payment. As a national franchisor of staffing services, HireQuest operates over 400 franchisee-owned offices across the U.S., employing approximately 75,000 individuals annually. The company provides staffing solutions for various industries, including construction, manufacturing, hospitality, and financial services. However, future dividends are subject to Board approval and market conditions.
HireQuest, Inc. (NASDAQ:HQI), a franchisor of staffing services, has completed the acquisition of assets from MRINetwork, the world's third-largest executive recruiting network. This acquisition adds 232 franchise offices both domestically and internationally, significantly enhancing HireQuest's executive search offerings. The strategic move positions HireQuest for immediate scale in a competitive segment and aims to broaden its franchise portfolio.
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