Quest Resource Q4 revenue up 11.4% to $69.3M, adjusted EBITDA $3.5M

Quest Resource Holding Corp

Q4 GAAP net loss per diluted share $(0.11) vs $(0.17) YoY; adjusted EPS $0.03 vs $(0.02).
FY2023 revenue $288.4M (+1.5%); GAAP net loss $(0.36)/share vs $(0.31).
Completed integrations of all prior acquisitions; >400 new vendors added.
Board formed committee to review long-term debt alternatives, retaining financial advisor.
Strong 2024 start: 6 new client wins, including Fortune 200 expecting 8-figure revenue.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Quest Resource Holding Corp reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $69.3 million, net income $(0.11) per diluted share, EPS $(0.11) per diluted share.

Period: fourth quarter and fiscal year ended December 31, 2023
Revenue: $69.3 million
Net income: $(0.11) per diluted share
EPS: $(0.11) per diluted share
Result: reported results

Exact text from the filing

operational efficiency system-wide, and continued to meaningfully add proven and experienced talent throughout the organization.” Fourth Quarter 2023 Highlights : • Revenue was $69.3 million, an 11.4% increase compared with the fourth quarter of 2022. • Gross profit was $11.5 million, a 6.9% increase compared with the fourth quarter of 2022. • Gross margin was 16.6%

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Source: SEC EDGAR

accession 0000950170-24-029886

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