secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0000950170-23-042361
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource Q2 revenue $74.5M, net loss $0.04/share; sees double-digit gross profit growth
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- Revenue $74.5M, down 3.1% YoY; gross profit $13.5M, down 7.9% YoY but up 6.9% sequentially.
- GAAP net loss per diluted share $(0.04) vs. income $0.05 in Q2 2022; adjusted EPS $0.07 vs. $0.19.
- Adjusted EBITDA $5.0M, down from $6.6M YoY but up 26.2% sequentially from Q1 2023.
- Year-to-date revenue $148.6M, flat YoY; gross margin 17.6% vs. 17.5%.
- CEO expects double-digit gross profit growth in 2023; Q2 debt paydown $2M, total $7M reduction for year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000095017023042361/0000950170-23-042361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000095017023042361/qrhc-20230814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-042361

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer