HireQuest (HQI) Reports Q3 Loss of $0.65

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HireQuest Reports Third Quarter Financial Results

November 12, 2019 4:07 PM EST

GOOSE CREEK, S.C.--(BUSINESS WIRE)-- HireQuest, Inc. (Nasdaq: HQI), a national provider of back-office and operational support for franchised operators of on-demand and temporary staffing service providers across the United States, today reported financial results for the third quarter ended September 29, 2019.

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... More