STOCK TITAN

Advanced Emissions Solutions, Inc. - ADES STOCK NEWS

Welcome to our dedicated page for Advanced Emissions Solutions news (Ticker: ADES), a resource for investors and traders seeking the latest updates and insights on Advanced Emissions Solutions stock.

Advanced Emissions Solutions, Inc. (NASDAQ: ADES) delivers innovative environmental technologies for pollution control and water purification markets. This news hub provides investors and industry stakeholders with essential updates on ADES's strategic initiatives, including its recent acquisition of Arq Limited subsidiaries and expansion into granular activated carbon (GAC) production.

Discover comprehensive coverage of ADES's financial performance, product developments, and sustainability efforts. Our curated news collection features earnings reports, merger & acquisition details, and progress updates on critical projects like the Red River GAC facility expansion.

Stay informed about regulatory developments impacting the activated carbon market and ADES's responses through official press releases. Key focus areas include mercury control technologies, water treatment solutions, and the company's planned rebrand to Arq, Inc. reflecting its environmental tech leadership.

Bookmark this page for real-time access to ADES's corporate communications. Monitor how the company leverages its vertically integrated supply chain and $61.3 million cash position to address North America's growing demand for sustainable industrial solutions.

Rhea-AI Summary
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) reported financial results for Q2 2023. The company completed the integration of Arq teams and submitted the last permit for the Red River Plant. They have started purchasing long-lead time components for expansion projects and are making progress on capital projects. Q2 consumables revenue was $20.4 million, net loss was $5.9 million, and Consolidated Adjusted EBITDA loss was $3.0 million. Cash balances as of June 30, 2023, were $67.6 million. The company expects to incur $40-45 million in capital expenditures in 2023. Total debt as of June 30, 2023, was $21.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.65%
Tags
-
Rhea-AI Summary
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) will release its Q2 2023 financial results and file its Form 10-Q on August 9, 2023. The conference call to discuss the financial performance will be held on August 10, 2023, at 9:00 a.m. ET. The webcast information will be available on ADES's website. A supplemental investor presentation will also be provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
conferences earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.93%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.41%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.32%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
conferences
-
Rhea-AI Summary

Advanced Emissions Solutions (NASDAQ: ADES) appointed Laurie A. Bergman to its Board of Directors, effective immediately. Bergman, who will chair the Audit Committee, fills a vacancy left by Taylor Simonton's resignation ahead of the annual meeting on June 13, 2023. Currently the CFO of Liquid Environmental Solutions, Bergman brings extensive financial expertise and experience in the environmental solutions industry. CEO Greg Marken emphasized her role in advancing ADES's strategy toward becoming a leading environmental technology company. The company praised Simonton's nine years of service, highlighting his impact on the company's restructuring and acquisitions.

Bergman holds a CPA and CMA designation and has previously worked at UGI Corporation and AmeriGas, among other financial roles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
management
-
Rhea-AI Summary

Advanced Emissions Solutions, Inc. (NASDAQ: ADES) announced the successful sale of Marshall Mine LLC to Caddo Creek Resources Company for $2.2 million, which includes the assumption of a $4.9 million asset retirement obligation. This transaction results in a gain of approximately $2.7 million for ADES.

The sale aims to strengthen the company's balance sheet and enhance its operational focus on growth plans. CEO Greg Marken expressed optimism about this strategic move, emphasizing its importance for ADES's vision of becoming a leading diversified environmental technology company in 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.81%
Tags
none
Rhea-AI Summary

Advanced Emissions Solutions, Inc. (NASDAQ: ADES) announced that its CTO, Joe Wong, will present at EnviroWorkshops on March 14 in Boston and March 16 in Detroit, focusing on activated carbon for PFAS remediation. PFAS, known as 'forever chemicals,' pose significant environmental risks. Wong emphasized the company's commitment to developing innovative technologies to address PFAS contamination through its subsidiary, FluxSorb, LLC. EnviroWorkshops is a leading global platform for environmental training, featuring over 100 speakers on critical topics including remediation and air quality.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.3%
Tags
conferences
Advanced Emissions Solutions, Inc.

Nasdaq:ADES

ADES Rankings

ADES Stock Data

111.68M
23.55M
17.66%
16.66%
0.05%
Pollution & Treatment Controls
Industrials
Link
United States
Greenwood Village