HireQuest (HQI) Reports Q3 EPS of $0.15

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HireQuest Reports Financial Results for the Third Quarter of 2020

November 12, 2020 4:05 PM EST

$800,000 Sequential Improvement in Net Income Validates Confidence that Worst of COVID-19 Impact is Over

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 third quarter ended September 30, 2020.

Third Quarter 2020 Financial Summary

Franchise royalties of $3.2 million compared to $3.1 million in the prior year period, an increase of 2.5%. Service revenue, including interest paid on aging accounts receivable, of... More