Quest Resource Holding Corporation - QRHC STOCK NEWS

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.

Quest Resource Holding Corporation (Nasdaq: QRHC) announced that CEO Ray Hatch and CFO Laurie Latham will present at the virtual East Coast IDEAS Investor Conference on June 22, 2022. The presentation will be available from 6:00 am ET and can be accessed through the conference site or the investor relations section of Quest's website. IDEAS Conferences aim to facilitate quality company presentations to investment professionals, supporting regional investment communities. The event is sponsored by various investment firms managing over $200 billion in assets.

Quest Resource Holding Corporation (NASDAQ: QRHC) reported its first quarter 2022 results, showcasing a remarkable 103.8% increase in revenue to $71.5 million compared to Q1 2021. Gross profit surged by 74.7% to $11.2 million. However, the company faced a net loss of $0.11 per share, a decline from a net income of $0.06 per share in the previous year. Adjusted EBITDA rose by 42.2% to $3.7 million, while adjusted net income per diluted share decreased to $0.06 from $0.07. The company highlights ongoing demand for sustainable solutions and plans for future growth through customer expansion and technology investments.