Arq, Inc. (ARQ) Tops Q4 EPS by 18c, Tops on Revenue

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Go back to Arq, Inc. (ARQ) Tops Q4 EPS by 18c, Tops on Revenue

Arq Reports Fourth Quarter & Full Year 2023 Results

March 12, 2024 5:05 PM EDT

Q4 2023 revenues from foundational Powder Activated Carbon business increase 20% YoY while gross margin improves to 50%, generating Adjusted EBITDA of $7.2 million and Net Income of $3.3 million, while Granular Activated Carbon growth business remains on schedule for commissioning by Q4 2024

GREENWOOD VILLAGE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the fourth quarter and full... More