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.
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