Robert Lipstein
the Board increased the size of the Board from six to seven directors and appointed Robert Lipstein to the Board.
Highest-materiality recent filing
Quest Resource Q2 revenue up 7.6% to $64.1M; net loss widens to $12.2M on $11M goodwill impairment
Revenue $64.1M (+7.6% YoY); gross margin 16.3% vs 18.5% YoY.
Quest Resource Q1 revenue $61.7M, down 9.8% YoY; net loss narrows to $2.3M
Revenue $61.7M (-9.8% YoY, +4.8% QoQ); gross profit $9.7M (-11.6% YoY, +6.1% QoQ).
Quest Resource Q4 revenue $58.9M (-15.8% YoY); FY net loss $15.4M; debt reduced 16.4%
Q4 2025 revenue $58.9M, down 15.8% YoY; GAAP net loss $1.7M ($0.08 loss per share).
New $40M asset-based revolving credit facility with Texas Capital Bank; maturity Dec 30, 2029; accordion up to $10M.
Quest Resource Q3 revenue $63.3M (-13% YoY); net loss narrows to $1.3M; adjusted EBITDA $2.9M
Revenue $63.3M, down 13% YoY but up 6.4% sequentially; gross margin improved to 18.1% from 16.1%.
Quest Resource Q2 2025 revenue down 18.6% YoY to $59.5M; GAAP net loss $2.0M
Revenue $59.5M, down 18.6% YoY; GAAP net loss $2.0M vs $1.5M loss in Q2 2024.
Quest Resource posts Q1 net loss of $0.50/share; revenue down 5.8% YoY
Revenue $68.4M, down 5.8% YoY; gross margin fell to 16.0% from 19.3%.
Quest Resource enters cooperation agreement with Wynnefield Group, appoints Robert Lipstein to board
Wynnefield Group owns ~13.3% of QRHC common stock (2,734,349 shares) as of May 7, 2025.
Quest Resource sells non-core RWS tenant-direct business for $5M cash plus up to $6.5M earnout
Transaction closed March 31, 2025; buyer Lincoln Waste Solutions (part of Reconomy).
Quest Resource Q4 loss widens to $(0.46)/share; CEO Hatch retires, Moss succeeds
Q4 revenue $70.0M (+0.9% YoY); GAAP net loss $(0.46)/share vs $(0.11) prior year.
$54M Monroe term loan: SOFR+450-550 bps (vs. prior SOFR+750 bps); maturity extended to June 2030.
Quest Resource Q3 revenue up 3.3% to $72.8M; GAAP net loss widens to $(3.4)M
Revenue $72.8M (+3.3% YoY); gross margin 16.1% vs 17.7% on higher transition costs.
Quest Resource Q2 revenue $73.1M (-1.8% YoY); net loss widens, but adjusted EBITDA grows
Revenue $73.1M, down 1.8% YoY; gross profit flat at $13.5M, margin improved to 18.5% from 18.1%.
Quest Resource Q1 revenue down 2% to $72.7M; gross profit up 11%, adj. EBITDA $5.1M
Revenue $72.7M (-2% YoY); gross profit $14.0M (+11.1%); gross margin 19.3% vs 17.0%.
Quest Resource extends debt maturities to 2026, upsizes PNC credit line
Monroe Credit Agreement maturity extended to Oct 19, 2026; PNC Credit Agreement maturity to Apr 19, 2026.
Quest Resource Q4 revenue up 11.4% to $69.3M, adjusted EBITDA $3.5M
Q4 GAAP net loss per diluted share $(0.11) vs $(0.17) YoY; adjusted EPS $0.03 vs $(0.02).
Quest Resource Q3 revenue down 4% to $70.4M; GAAP EPS $(0.10) vs $(0.09)
Revenue $70.4M (-4% YoY); gross profit $12.4M (+2% YoY); gross margin expanded to 17.7% from 16.6%.
Quest Resource Q2 revenue $74.5M, net loss $0.04/share; sees double-digit gross profit growth
Revenue $74.5M, down 3.1% YoY; gross profit $13.5M, down 7.9% YoY but up 6.9% sequentially.
Quest Resource reports Q1 revenue $74.1M (+3.6%), GAAP net loss $(0.10)/share
Gross profit $12.6M (+12.3%); gross margin improved to 17.0% from 15.7%.
Quest Resource Q4 GAAP net loss $0.17/sh; revenue up 34% YoY
Q4 revenue $62.3M (+34.2% YoY); gross margin 17.3% vs 18.5%.
Quest Resource Q3 revenue up 96% to $73.4M; GAAP net loss $(1.7)M vs income $386K year ago
Revenue $73.4M (+96.3% YoY); gross profit $12.2M (+77.8% YoY).
Quest Resource Holding appoints Brett Johnston as CFO effective November 1, 2022
Appointment of Brett Johnston as SVP and CFO effective November 1, 2022.
Quest Resource Q2 revenue up 109% to $76.9M; Adj. EBITDA up 161% to $6.6M
Revenue $76.9M, +108.7% YoY; gross profit $14.7M, +115.4%.
Revenue doubles to $71.5M; GAAP net loss per share ($0.11) in Q1 2022
Revenue $71.5M, +103.8% YoY; gross profit $11.2M, +74.7% YoY.
Quest CFO Laurie Latham to retire Aug 31, 2022; successor search underway
Laurie L. Latham, CFO and SVP, informed Company of retirement effective August 31, 2022.
Quest Resource Q4 revenue $46.4M (+67.7% YoY); FY21 adj. EBITDA $10.9M (+144%)
Q4 2021 revenue $46.4M (+67.7% YoY); gross profit $8.7M (+56.2%); GAAP net loss ($0.03)/share vs income $0.01 in Q4 2020.
Quest Resource reports preliminary Q4 2021 revenue ~$46M (+65% YoY); Adjusted EBITDA $3.2M (+79%)
Preliminary unaudited revenue ~$46M, up >65% YoY; gross profit ~$8.7M, up >55% YoY.
Quest Resource acquires northeast waste firm for $3.35M cash; expects $0.6M NOI
Acquired an independent asset-light environmental services company in Northeast US for $3.35M in cash.
Quest Resource acquires RWS & InStream for $44M; expects >50% revenue, EBITDA boost
Acquired RWS for $33M cash and InStream for $11M cash plus up to $1.5M earnout; combined consideration ~$44M.
Quest Resource Q3 revenue $37.4M (+57.7% YoY); EPS $0.02 vs -$0.02
Revenue $37.4M, up 57.7% YoY; gross profit $6.9M, up 50.4%; gross margin 18.3% vs 19.2%.
Quest Resource Q2 revenue $36.9M (+67.8% YoY); Adj. EBITDA $2.5M (+120.1%)
Revenue $36.9M (+67.8% YoY); gross profit $6.8M (+55.7%); gross margin 18.5% vs 19.9% prior year.
CEO S. Ray Hatch's amended severance provides 18 months base salary, pro-rata bonus, and full accelerated vesting of stock options and RSUs on termination without cause or for good reason.
the Board increased the size of the Board from six to seven directors and appointed Robert Lipstein to the Board.
On March 10, 2025, our Board appointed Perry W. Moss as the new President and Chief Executive Officer, effective as of March 12, 2025 (the “Effective Date”).
On March 12, 2025, the Company announced that S. Ray Hatch, the Company’s President and Chief Executive Officer, is retiring from his officer positions with the Company effective March 12, 2025 and his last day of employment with the Company shall be March 28, 2025 (the “Separation Date”).
On October 7, 2022, the Board of Directors (the “Board”) of Quest Resource Holding Corporation, a Nevada corporation (the “Company”), appointed Brett Johnston as the new Senior Vice President and Chief Financial Officer, effective November 1, 2022.
On April 20, 2022, Laurie L. Latham, the Senior Vice President and Chief Financial Officer of Quest Resource Holding Corporation (the “Company”), and a named executive officer of the Company, informed the Company of her plans to retire from her positions with the Company effective August 31, 2022.
On July 1, 2021, the Board of Directors (the “Board”) of Quest Resource Holding Corporation, a Nevada corporation (the “Company”), appointed Glenn Culpepper as a new director on the Board, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings