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 (QRHC) provides essential environmental solutions through integrated waste management and recycling services for national enterprises. This news hub offers investors and industry professionals timely updates on the company's operational developments and sustainability leadership.
Access curated press releases and announcements covering QRHC's strategic initiatives, including corporate earnings, partnership expansions, and innovative recycling programs. The collection serves as a definitive resource for tracking progress in landfill diversion strategies and client-specific environmental solutions across retail, manufacturing, and food service sectors.
Key updates include developments in sustainability reporting systems, waste stream management innovations, and regulatory compliance achievements. All content is verified for accuracy and relevance to support informed analysis of QRHC's market position in the environmental services industry.
Bookmark this page for streamlined access to Quest Resource's official communications, ensuring you never miss critical updates about their waste management technologies and circular economy advancements.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported a strong performance for Q4 2022, with revenues of $62.3 million, up 34.2% from Q4 2021. Gross profit increased 25.0% to $10.8 million, but gross margin declined to 17.3%. The company posted a GAAP net loss per share of $(0.17), compared to $(0.03) in the same quarter last year. For the full year, revenue reached $284.0 million, an 82.4% increase, while gross profit rose 70.2% to $48.9 million. The anticipated process improvements from the RWS acquisition are expected to enhance future performance as the company remains confident in its growth trajectory.
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