secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056829
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource Q1 revenue down 2% to $72.7M; gross profit up 11%, adj. EBITDA $5.1M
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- Revenue $72.7M (-2% YoY); gross profit $14.0M (+11.1%); gross margin 19.3% vs 17.0%.
- GAAP net loss $(0.03)/share vs $(0.10); adjusted net income $0.08/diluted share vs $0.03.
- Adjusted EBITDA $5.1M (+28.4%), third time over $5.0M.
- Record new client wins; two large clients expected to deliver eight-figure annual revenue.
- Extended credit facility maturities; introduced AI-driven AP processing module.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000095017024056829/0000950170-24-056829-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000095017024056829/qrhc-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056829

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