HireQuest (HQI) Reports Q2 EPS of $0.09

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Go back to HireQuest (HQI) Reports Q2 EPS of $0.09

HireQuest Reports Financial Results for the Second Quarter of 2020

August 11, 2020 4:06 PM EDT

Company Generates $4.0 Million in Cash from Operations in Q2; $9.5 Million Year-To-Date

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, today reported financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Financial Summary

Franchise royalties of $2.6 million compared to $3.0 million in the prior year period, a decrease of 11.5%. Approximately $570,000 was related to branches acquired in the merger and subsequently converted to our... More