earnings
confidence high
sentiment negative
materiality 0.75
Quest Resource posts Q1 net loss of $0.50/share; revenue down 5.8% YoY
Quest Resource Holding Corp
2025-Q1 EPS reported
-$0.50
revenue$68,430,000
- Revenue $68.4M, down 5.8% YoY; gross margin fell to 16.0% from 19.3%.
- GAAP net loss per share $(0.50) vs $(0.03) YoY; includes $4.4M loss on sale of RWS mall business and $1.7M impairment.
- Adjusted EBITDA $1.6M vs $5.1M; adjusted net loss per share $(0.14) vs income $0.08.
- Sold non-core RWS portion for $5M, used to pay down debt; headcount reductions expected to save $3M annually.
- Amended lender agreements for added flexibility; new CEO and SVP Operations appointed.