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Quest Resource Holding Corp. engages in the provision of reuse, recycling, and disposal services. It focuses on the waste streams and recyclables from big box, food chain, and other retailers; automotive repair, maintenance, and tire operations; truck and bus fleet operators; manufacturing plants; multi-family and commercial properties; and construction and demolition projects. Read More The company was founded by Jeffrey I. Rassas on August 22, 2008 and is headquartered in The Colony, TX.
The Colony, Texas
52 Week High
52 Week Low
Seeking AlphaMay 16
Quest Resource +6% post Q1 results beats
Quest Resource holding (QRHC +6.6% ) reports Q1 revenue increase of 7.9% Y/Y to $26.6M. Q1 Gross margin improved by 268 bps to 17.1%; and operating income was $3k, compared to operating loss of $1.19M a year ago. Adj. EBITDA increased 598.3% Y/Y to $796k, and margin expanded by 253 bps to 3%. SG&A expenses were $4.21M (+12.3% Y/Y); and as percentage of revenue 15.8% up by 62 bps. Net cash provided by operating activities was $45.8k, compared to $1.79M a year ago. About 40% of company’s stock ownership ...
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