secwatch / observer
8-K filed August 9, 2023, 7:59 PM ET ticker ARQ CIK 0001515156
earnings confidence high sentiment negative materiality 0.80

Advanced Emissions Solutions Q2 net loss widens to $5.9M; revenue down 17% on weaker demand

Arq, Inc.

2023-Q2 EPS reported -$0.53 revenue$41,250,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Arq, Inc. reported the quarter ended June 30, 2023 results: revenue $20.4 million, net income net loss was $5.9 million.

Period
the quarter ended June 30, 2023
Revenue
$20.4 million
Net income
net loss was $5.9 million
Result
reported results
Exact text from the filing
begun. • Continued progress on capital projects to expand product offerings to include granular activated carbons. Financial Highlights • Second quarter consumables revenue was $20.4 million compared to $24.7 million in the prior year period. • Second quarter net loss was $5.9 million compared to net loss of $0.3 million in the prior year period. • Second quarter
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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Arq, Inc. reported the three and six months ended June 30, 2023 results: revenue $41.3 million, net income net loss was $13.4 million.

Period
the three and six months ended June 30, 2023
Revenue
$41.3 million
Net income
net loss was $13.4 million
Result
reported results
Exact text from the filing
were $20.4 million and $15.3 million, respectively, compared to $24.7 million and $19.9 million for the second quarter of 2022. First half revenues and costs of revenues were $41.3 million and $32.5 million, respectively, compared to $51.1 million and $41.4 million for the comparable period in the prior year. The revenue declines were the result of lower sales of
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Arq, Inc. filing history →

Source: SEC EDGAR
accession 0001515156-23-000117
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