Quintek Technologies, Inc. (QTEK) Misses Q3 EPS by 11c

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QualTek Announces Third Quarter 2022 Financial Results

November 14, 2022 5:00 PM EST

Third Quarter 2022 Financial Highlights

Record third quarter 2022 revenue of $216.1 millionReported 24-month backlog increased to $2.4 billionRecord third quarter 2022 Telecom segment revenue of $188.3 million, a 38.9% increase year-over-yearNet Loss improved sequentially quarter-over-quarter from $25.6 million to $6.9 million

BLUE BELL, Pa., Nov. 14, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization,... More