{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-030945","form_type":"8-K","ticker":"HQI","cik":"0001140102","company_name":"HireQuest, Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.335017+00:00","generated_at":"2026-06-08T08:41:43.469312+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"HireQuest Q3 net income falls 61.5% to $1.6M ($0.12 EPS); rev up 18.1%","bullets":["Franchise royalties rose 19.9% to $8.9M; total revenue $9.3M vs $7.8M a year ago.","Net income from continuing ops $1.6M ($0.12 diluted EPS) vs $4.1M ($0.30) in Q3 2022.","Adjusted EBITDA $3.7M vs $6.5M; SG&A surged 201% to $6.4M on $2.8M net workers' comp increase.","System-wide sales rose to $151.2M from $123.2M, driven by MRINetwork acquisition.","Company maintains $0.06 quarterly dividend; pending TEC Staffing Services acquisition noted."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-030945","json":"https://secwatch.observer/filing/0001437749-23-030945.json","markdown":"https://secwatch.observer/filing/0001437749-23-030945.md","text":"https://secwatch.observer/filing/0001437749-23-030945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923030945/0001437749-23-030945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923030945/hqi20231108_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:41:43.469312+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"47867711b38c84f1623b4907450fd00124892a52","claim":"HireQuest, Inc. reported Third quarter ended September 30, 2023 results: revenue $9.3 million, net income $1.6 million, EPS $0.12 per diluted share.","evidence_excerpt":"30, 2023. Third Quarter 2023 Summary ● Franchise royalties increased 19.9% to $8.9 million compared to $7.4 million in the prior year period. ● Total revenue increased 18.1% to $9.3 million compared to $7.8 million in the prior year period. ● Selling, general and administrative (“SG&A”) expenses increased 201% to $6.4 million compared to $2.1 million in the prior","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1140102/000143774923030945/0001437749-23-030945-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third quarter ended September 30, 2023"},{"label":"Revenue","value":"$9.3 million"},{"label":"Net income","value":"$1.6 million"},{"label":"EPS","value":"$0.12 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}