Arq, Inc. (ARQ) Tops Q4 EPS by 18c, Tops on Revenue
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Arq Reports Fourth Quarter & Full Year 2023 Results
March 12, 2024 5:05 PM EDTQ4 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
