secwatch.observer — SEC 8-K summary
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Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0000950170-25-069123
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource posts Q1 net loss of $0.50/share; revenue down 5.8% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000095017025069123/0000950170-25-069123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000095017025069123/qrhc-20250512.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-069123

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