Quest Resource Holding Corp ( (QRHC) ) has released its Q2 earnings. Here is a breakdown of the information Quest Resource Holding Corp presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Quest Resource Holding Corporation is a national provider of waste and recycling services, dedicated to helping businesses achieve their environmental and sustainability goals through tailored solutions.
In its second quarter of 2025 financial results, Quest Resource Holding Corporation reported a decrease in revenue and gross profit compared to the previous year, but showed improvements in operating cash flow and debt reduction. The company is focused on operational excellence and strategic growth initiatives.
Key financial highlights include a revenue of $59.5 million, an 18.6% decrease from the same quarter in 2024, and a gross profit of $11.0 million, marking an 18.4% decline year-over-year. Despite these declines, the company achieved a sequential increase in gross profit and adjusted EBITDA, with the latter reaching $2.7 million. Quest also reduced its debt by $6.6 million year-to-date and secured significant new client wins in the restaurant and retail sectors.
Looking ahead, Quest’s management remains optimistic about the company’s trajectory, emphasizing ongoing operational improvements and a focus on long-term shareholder value. The company is committed to enhancing its performance culture and expanding its client base, despite macroeconomic uncertainties affecting growth pace.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money