Quest Resource Holding (QRHC) Misses Q3 EPS by 7c

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Quest Resource Holding Corporation Reports Third Quarter 2023 Financial Results

November 14, 2023 4:00 PM EST

THE COLONY, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (NASDAQ: QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced financial results for the third quarter ended September 30, 2023.

Third Quarter 2023 Highlights

Revenue was $70.4 million, a 4.0% decrease compared with the third quarter of 2022.Gross profit was $12.4 million, a 2.0% increase compared with the third quarter of 2022.Gross margin was 17.7% of revenue compared with 16.6% during the third quarter of 2022.GAAP net loss per diluted share attributable to common stockholders was... More