secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001515156-24-000145
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq Q2 revenue up 24% YoY to $25.4M; Adj. EBITDA turns positive at $0.5M
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- Revenue $25.4M (+24% YoY); ASP up 16% YoY; gross margin improved to 32% from 25%.
- Net loss narrowed to $2.0M from $5.9M; Adjusted EBITDA of $0.5M vs. -$3.0M prior year.
- Red River GAC: 52% of nameplate capacity contracted; first deliveries on track for Q1 2025.
- Cash & restricted cash $37.2M; FY2024 capex forecast unchanged at $60-$70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000145/0001515156-24-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000145/ades-20240812.htm
  HTML page:      https://secwatch.observer/filing/0001515156-24-000145

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