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. reports news as a franchisor of on-demand staffing, direct-hire recruiting, executive search and contract workforce services. Its divisions include HireQuest Direct, HireQuest Health, Snelling, TradeCorp, DriverQuest and MRINetwork, serving industries such as construction, light industrial, healthcare, finance, manufacturing, hospitality, logistics, cybersecurity and engineering across U.S. and international markets.
Recurring HQI updates cover operating and financial results, conference calls, quarterly cash dividends, share repurchase authorization, capital-structure activity and governance matters. Company releases also describe the franchise-based staffing model and the workforce-service categories delivered through its branded divisions.
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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.
HireQuest, Inc. (NASDAQ:HQI) has declared a quarterly dividend of $0.06 per share, payable on December 15, 2022, to shareholders on record by December 1, 2022. This dividend reflects the company's ongoing commitment to returning value to its shareholders amidst its operations across over 225 franchisee-owned offices in the U.S. offering staffing solutions across various industries, employing approximately 75,000 individuals annually. However, future dividends are contingent on board approval and current financial conditions.