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 Corporation (NASDAQ: QRHC) reported its first quarter financial results for 2021, showcasing a robust performance. Revenue reached $35.1 million, marking a significant 38.6% increase from the previous year. Gross profit also surged to $6.4 million, a 41.8% increase, with a gross margin of 18.3%. Notably, net income per share stood at $0.06, compared to a net loss of $(0.02) in Q1 2020. Adjusted EBITDA hit a record $2.6 million, reflecting a remarkable 390% increase. The company anticipates ongoing improvements driven by recovery in industrial activity.
Quest Resource Holding Corporation (NASDAQ: QRHC) announced it will release its first-quarter results for the period ending March 31, 2021, on May 17, 2021, after market close. A conference call will follow at 5:00 PM ET, led by CEO Ray Hatch and CFO Laurie Latham, to discuss financial results and future business outlook. Investors can join the call by phone or through a webcast available on the investor relations section of Quest’s website. The archived call will be accessible for 90 days post-event.
Quest Resource Holding Corporation (Nasdaq: QRHC) has launched Quest Proganics, a new process designed to significantly reduce organic waste in landfills. Annually, over 23.6 million tons of food waste from various industries contributes to landfill waste. The new service enables clients to achieve up to 100% diversion of organic waste and potentially reduce total landfill waste by over 70%. Quest Proganics offers a comprehensive, cost-efficient solution for handling various organic materials, repurposing them into compost, biofuel, or animal feed.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported a 20.5% revenue increase to $27.7 million for Q4 2020 compared to Q4 2019. Gross profit rose 19.7% to $5.6 million, with a gross margin of 20.2%. Net income per share was $0.01, up from $0.00. For the year, total revenue was $98.7 million, down slightly from $99.0 million, but gross profit increased by 1.8% to $19.1 million. Adjusted EBITDA for the year grew 33.6% to $4.5 million. The company anticipates continued growth in 2021 despite ongoing COVID challenges.
Quest Resource Holding Corporation (NASDAQ: QRHC) will release its fourth quarter and fiscal year results for 2020 on March 11, 2021, after market close. A conference call will follow at 5:00 PM ET, led by CEO Ray Hatch and CFO Laurie Latham, to discuss financial results and outlook. Investors can join by phone or online. The call will be archived on Quest's investor relations website for 90 days. Quest is a leader in environmental waste and recycling services, helping businesses achieve their sustainability goals.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported its Q3 2020 financial results, with revenues of $23.7 million, reflecting a 0.9% decline year-over-year. Gross profit fell 4.5% to $4.6 million, impacting gross margin, which decreased to 19.2%. Operating expenses decreased by 2.4% to $4.4 million. The company posted a net loss per share of $(0.02), while Adjusted EBITDA increased by 15.0% to $989,000. Year-to-date revenue was $71.0 million, a 6.6% decline, but net income improved to $0.04 per share.
Quest Resource Holding Corporation (QRHC) will announce its third-quarter financial results for the period ending September 30, 2020, on November 16, 2020, after market close. The company's CEO Ray Hatch and CFO Laurie Latham will host a conference call at 5:00 PM ET to discuss the results and business outlook. Investors can join the call by dialing specified numbers or accessing a live webcast via QRHC's investor relations website. An archived version of the call will be available for 90 days.
Quest Resource Holding Corporation (Nasdaq: QRHC) announced that CEO Ray Hatch and CFO Laurie Latham will participate in the Southwest IDEAS Investor Conference on November 19, 2020. Their presentation will be webcast, available from 7:00 am CST on November 18th. Attendees can access the presentation via the IDEAS conference portal or the Quest investor relations website. The IDEAS Investor Conferences aim to offer quality companies a platform to present to investment professionals, fostering regional investment communities.
Quest Resource Holding Corporation (Nasdaq: QRHC) has acquired Green Remedies Waste and Recycling for $16.2 million, enhancing its presence in the environmental services market. The transaction involves two-thirds cash and one-third in stock and notes, with potential performance-based earnouts. Green Remedies generated approximately $2.5 million in net income and $2.8 million in adjusted EBITDA for the TTM ending June 30, 2020. The acquisition is expected to increase free cash flow per share and strengthen Quest's capabilities in the multi-family housing sector.
Quest Resource Holding Corporation (Nasdaq: QRHC) announced that CEO Ray Hatch and CFO Laurie Latham will present at the Midwest IDEAS Investor Conference on August 26, 2020. Their presentation, available at 7:00 am CST, will be webcast for registered participants. The conference aims to connect quality companies with influential investment professionals, featuring sponsors with over $200 billion in assets under management. Quest specializes in environmental waste and recycling services, helping businesses achieve sustainability goals.