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.
Summary not available.
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.
Quest Resource Holding Corporation (QRHC) will release its fourth quarter and fiscal year results for the period ending December 31, 2022, on March 23, 2023, after market close. A conference call led by CEO Ray Hatch and CFO Brett Johnston will follow at 5:00 PM ET to discuss the financial results and future outlook. Investors can access the call at 1-855-327-6837 or via a listen-only webcast on Quest's investor relations website. The webcast will be archived for 90 days, and a telephonic playback will be available starting March 23 through April 6.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported strong financial results for the third quarter of 2022, with revenue reaching $73.4 million, a 96.3% increase from the previous year. Gross profit rose by 77.8% to $12.2 million, while Adjusted EBITDA surged by 56.9% to $3.8 million. However, the company recorded a GAAP net loss of $(1.7) million, or $(0.09) per share, contrasting with a profit of $386,000 in Q3 2021. Year-to-date revenue stands at $221.8 million, reflecting a 102.9% increase year-over-year.
Quest Resource Holding Corporation (Nasdaq: QRHC) will be represented by CEO Ray Hatch and CFO Brett Johnston at the Southwest IDEAS Investor Conference on November 16, 2022, at the Westin Dallas Downtown. Their presentation is set to commence at 1:30 am CST and will be available via webcast on the conference's website and Quest's investor relations page. The IDEAS Conferences aim to connect high-quality companies with investors, providing a platform sponsored by investment professionals to enhance regional investment communities.
Quest Resource Holding Corporation (NASDAQ: QRHC) will release its third quarter results for the period ending September 30, 2022, on November 14, 2022, after market close. The company's leadership, including CEO Ray Hatch, will host a conference call at 5:00 PM ET on the same day to discuss financial results and future outlook. Interested investors can join via telephone or through a webcast available on Quest's investor relations page. The archived webcast will be accessible for 90 days, providing insights into the company's performance and strategic direction.
Quest Resource Holding Corporation (NASDAQ: QRHC) announced the appointment of Brett Johnston as Senior Vice President and Chief Financial Officer, effective November 1, 2022. Johnston has nearly 20 years of experience, primarily at Arcosa, where he led financial strategy and M&A initiatives. CEO Ray Hatch highlighted Johnston's extensive financial and strategic experience as crucial for maintaining Quest's service leadership and profitability. Johnston is enthusiastic about contributing to Quest's growth and sustainability initiatives, leveraging the company's asset-light business model and national platform.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported significant financial growth for the second quarter ended June 30, 2022. Revenue surged to $76.9 million, a 108.7% increase year-over-year. Gross profit also saw a remarkable rise, reaching $14.7 million (up 115.4%). Though GAAP net income per diluted share was $0.05 compared to $0.03 in Q2 2021, year-to-date GAAP net loss stood at $(0.05). Adjusted EBITDA for the quarter was $6.6 million, reflecting a 161.3% increase. The company continues to focus on operational efficiencies and expects ongoing growth from acquisitions.
Quest Resource Holding Corporation (Nasdaq: QRHC) will present at the Midwest IDEAS Investor Conference on August 25, 2022, at 12:45 CT in Chicago, IL. CEO Ray Hatch will lead the presentation, which can also be accessed via webcast. The IDEAS conferences aim to connect quality companies with investment professionals in a regional setting, featuring sponsors with over $200 billion in assets. Quest specializes in waste and recycling services, providing tailored solutions to enhance environmental and sustainability outcomes for businesses.
Quest Resource Holding Corporation (NASDAQ: QRHC) will release its second quarter financial results for the period ended June 30, 2022, on August 15, 2022, after market close. Following the release, a conference call hosted by CEO Ray Hatch and CFO Laurie Latham will take place at 5:00 PM ET on the same day. Investors can participate via telephone or through a webcast available on the company's investor relations website. The replay of the call will be accessible for 14 days post-event.