Welcome to our dedicated page for Quest Resource news (Ticker: QRHC), a resource for investors and traders seeking the latest updates and insights on Quest Resource stock.
Quest Resource Holding Corporation (NASDAQ: QRHC) is described in its public communications as a national leader in environmental waste and recycling services for larger, multi-location businesses. The QRHC news page on Stock Titan aggregates company-issued announcements, financial updates, and other coverage so readers can follow how Quest’s waste and recycling programs, sustainability focus, and corporate initiatives are evolving over time.
News about Quest commonly includes quarterly and annual financial results, where the company reports revenue, gross profit, net loss, and non-GAAP measures such as Adjusted EBITDA and Adjusted Net Income (Loss). These releases often discuss factors affecting performance, such as changes in client activity, operational initiatives, and portfolio adjustments, and they outline management’s commentary on business trends and priorities.
Quest’s releases also highlight strategic and operational developments, including the sale of a non-core portion of a commercial property management business, reductions in headcount, and programs described as Operational Excellence initiatives. Other news items cover executive leadership changes, such as the appointment of a new Chief Executive Officer and additions to the operations leadership team, as well as new client wins and expansions of services with existing customers.
Investors and observers can use the QRHC news feed to review announcements about earnings conference calls, debt refinancing, operational efficiency efforts, and actions intended to support clients’ environmental and sustainability goals. For anyone tracking QRHC stock or the company’s role in environmental waste and recycling services, this page offers a centralized view of Quest’s official updates and related market coverage.
Quest Resource Holding (NASDAQ: QRHC) announced its inclusion in the Russell 3000® Index, effective July 1, 2024. The Russell indexes annual reconstitution, based on market capitalization, captured the 4,000 largest US stocks as of April 30, 2024. Quest will also join the Russell 2000®, Russell 2500™, and Russell Small Cap Completeness® indexes. CEO S. Ray Hatch credited this milestone to the team's dedication to customer service and operational performance. Russell indexes are significant benchmarks, with $10.5 trillion in assets benchmarked as of December 2023.
Quest Resource Holding (NASDAQ: QRHC) has appointed Perry W. Moss as Chief Revenue Officer. Moss, who joined Quest nine months ago as Senior VP of Sales and Business Development, brings over 30 years of experience. He has successfully secured a record number of new clients, with two expected to generate eight figures in annual revenue. Moss's new role will focus on revenue growth through client acquisition, strategic partnerships, and new service solutions. CEO S. Ray Hatch emphasized Moss's value in driving sustainable waste management solutions. Moss expressed his commitment to leveraging Quest's strengths to build profitable revenue streams.
Quest Resource Holding (Nasdaq: QRHC), a national leader in environmental waste and recycling services, will present at the 14th Annual East Coast IDEAS Investor Conference on June 13th in New York, NY.
CEO Ray Hatch and CFO Brett Johnston will represent Quest, with their presentation scheduled for 10:00 AM ET. This presentation will be webcast and accessible through both the conference host's website and Quest's investor relations section.
Quest Resource Holding (NASDAQ: QRHC) reported financial results for the first quarter of 2024, with revenue at $72.7 million, a 2.0% decrease from 2023. However, gross profit increased by 11.1% to $14.0 million. The company achieved a record number of new client wins, leading to significant revenue growth opportunities. Quest's differentiated value proposition and strategic expansion efforts have resulted in positive financial performance, with adjusted EBITDA at $5.1 million, a 28.4% increase from the previous year.
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