earnings
confidence high
sentiment positive
materiality 0.70
Quest Resource reports preliminary Q4 2021 revenue ~$46M (+65% YoY); Adjusted EBITDA $3.2M (+79%)
Quest Resource Holding Corp
- Preliminary unaudited revenue ~$46M, up >65% YoY; gross profit ~$8.7M, up >55% YoY.
- Preliminary net loss ~$550k, including ~$1.2M in acquisition/integration costs; Adjusted EBITDA ~$3.2M (+79%).
- Full Q4 and FY2021 results to be released March 17, 2022; conference call scheduled same day at 5 PM ET.
- CEO cites strong organic and acquisition-related growth; expects continued demand strength in 2022.