secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-093846
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource Q2 revenue $73.1M (-1.8% YoY); net loss widens, but adjusted EBITDA grows
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- Revenue $73.1M, down 1.8% YoY; gross profit flat at $13.5M, margin improved to 18.5% from 18.1%.
- GAAP net loss $(1.5)M ($0.07 loss per share) vs $(0.9)M loss a year ago; adjusted EBITDA $5.1M vs $5.0M.
- YTD gross profit up 5.5% to $27.6M; adjusted EBITDA up 13.7% to $10.3M.
- Onboarded 7 new clients in 2024; signed 3 expansion agreements each expected to add seven-figure annual revenue.
- Added to Russell 2000 and 3000 Indexes; promoted Perry Moss to Chief Revenue Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000095017024093846/0000950170-24-093846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000095017024093846/qrhc-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-093846

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