Quest Resource Holding Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:00 pm EST
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Quest Resource Holding Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 70.43 million compared to USD 73.36 million a year ago. Net loss was USD 2.05 million compared to USD 1.69 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.09 a year ago.
For the nine months, sales was USD 219.04 million compared to USD 221.79 million a year ago. Net loss was USD 4.96 million compared to USD 2.72 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.25 compared to USD 0.14 a year ago.
Quest Resource Holding Corporation is a provider of waste and recycling services to customers from across multiple industry sectors. The Company is engaged in creating customer-specific programs and performing the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. It concentrates on programs for recycling cardboard, pallets, wood waste, metal, glass, motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, mixed paper, construction debris, as well as a variety of regulated and non-regulated solid, liquid, and gas wastes. In addition, the Company offers products, such as antifreeze and windshield washer fluid, dumpster and compacting equipment, and other minor ancillary services. It also provides information and data that tracks and reports the detailed transactional and environmental results of its services.