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 second-quarter financial results for 2020, revealing revenue of $22.0 million, down 13.7% year-over-year. Despite a decrease in gross profit to $4.4 million (down 7.9%), gross margin improved to 19.9%. Year-to-date revenue was $47.3 million, a 9.2% decline, while net income per share rose to $0.06, compared to a loss of $(0.01) in 2019. Adjusted EBITDA showed growth to $1.1 million for the quarter and $1.7 million year-to-date. The company enhanced its balance sheet and raised equity to support acquisitions amid current challenges.
Quest Resource Holding Corporation (NASDAQ: QRHC) has announced a registered direct offering of its common stock aimed at financing future acquisitions and general corporate purposes. The offering will support its acquisition strategy, with letters of intent signed for two businesses that offer complementary services, though there are no guarantees of successful transactions. Participation from existing stockholders is anticipated, including Hampstead Park Capital Management, an affiliate of the company's chairman. A preliminary prospectus supplement will be filed with the SEC.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported preliminary financial results for Q2 2020, with projected revenue between $21.4 million and $21.9 million, down from $25.4 million in Q2 2019. Gross profit is expected to be between $4.2 million and $4.3 million, compared to $4.8 million a year earlier. CEO S. Ray Hatch noted a gradual business recovery following early April’s lows. Full financial results will be disclosed on August 13, 2020, accompanied by a conference call for investors.
Quest Resource Holding Corporation (QRHC) announces participation in the East Coast IDEAS Investor Conference on June 24, 2020. CEO Ray Hatch and CFO Laurie Latham will present at 8:00 AM central time, with the presentation available for 90 days. This event, designed for quality companies to showcase to investment professionals, emphasizes independent regional venues. IDEAS conferences are held annually in Boston, Chicago, and Dallas, promoting investment community engagement.
Quest Resource Holding Corporation (NASDAQ: QRHC) reported a 4.9% decline in revenue for Q1 2020, totaling $25.3 million. Gross profit remained steady at $4.5 million, with a gross margin increase to 17.9%. The company reported a net loss per share of $(0.02), compared to $(0.01) from Q1 2019. Adjusted EBITDA fell to $534,000 from $796,000 year-over-year. The decline was attributed to decreased production from a key customer and the onset of COVID-19, although essential business relationships were maintained.
Quest Resource Holding Corporation (QRHC) is set to announce its first-quarter financial results for the period ending March 31, 2020, on May 14, 2020, after market close. The conference call to discuss these results will take place at 5:00 PM ET the same day, led by CEO Ray Hatch and CFO Laurie Latham. Investors can participate by phone or through a live webcast. The results are expected to provide insights on the company’s financial performance in environmental reuse, recycling, and waste disposal services. Additional information will be available on the company’s investor relations website.