HireQuest Reports Third Quarter Financial Results

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HireQuest (HQI) Reports Q3 Loss of $0.65

November 12, 2019 4:40 PM EST

HireQuest (NASDAQ: HQI) reported Q3 EPS of ($0.65), versus $0.11 reported last year.

Operationally, the third quarter was a milestone period for us, as we completed the merger between Command Center and Hire Quest, converted 100% of our corporate-owned branches to franchises and completed the sale of our California locations, commented Rick Hermanns, HireQuests President and Chief Executive Officer. As expected, we incurred approximately $4.8 million in expenses related to the merger, restructuring, rebranding, and related efforts. We anticipate more... More