Arq Reports First Quarter 2024 Results
Arq, Inc. (ARQ)
Company Research
Source: GlobeNewswire
Delivered materially improved YoY results in Q1 from PAC margin enhancement Achieved strategic milestone with first GAC contract for 20% of capacity at attractive pricing Red River expansion remains on schedule for first production in Q4 2024; expected payback of 3 years or less GREENWOOD VILLAGE, Colo., May 08, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the quarter ended March 31, 2024. Financial Highlights Generated revenue of $21.7 million in Q1 2024, up 4% over the prior year period despite a 6% reduction in volumes, driven by enhanced contract terms including higher average selling prices ("ASP") and positive changes in product mix, partially offset by lower power generation volumesIncreased ASP in Q1 2024 by approximately 16% over the prior year period,
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ARQ
News
- Arq Announces $15 Million PIPE TransactionGlobeNewswire
- Arq Announces First Supply Contract for its Strategic Granular Activated Carbon (GAC) Facility [Yahoo! Finance]Yahoo! Finance
- Arq Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Arq Announces First Supply Contract for its Strategic Granular Activated Carbon (GAC) FacilityGlobeNewswire
- Is Arq, Inc. (ARQ) Outperforming Other Business Services Stocks This Year? [Yahoo! Finance]Yahoo! Finance
ARQ
Earnings
- 5/8/24 - Miss
ARQ
Analyst Actions
- 3/14/24 - TheStreet
ARQ
Sec Filings
- 5/16/24 - Form 8-K
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- ARQ's page on the SEC website