HireQuest Reports Income from Continuing Operations of $3.8 Million, or $0.28 Per Share, for Fourth Quarter of 2019
HireQuest, Inc. (HQI)
Company Research
Source: Business Wire
GOOSE CREEK, S.C.--(BUSINESS WIRE)--HireQuest, Inc. (Nasdaq: HQI), a national provider of back-office and operational support for franchised operators of on-demand and temporary staffing service providers, today reported financial results for the fourth quarter and year ended December 31, 2019.“The $3.8 million in income from continuing operations on total revenue of $5.9 million in the fourth quarter reflects the true earnings and cash generating potential of our business as we turn the page on our transition to a 100% franchise business model,” commented Rick Hermanns, HireQuest’s President and Chief Executive Officer. “On the basis of these results, we believe that our franchise model is self-sustaining and provides us with incremental cash flows to further strengthen our balance sheet. With more than $4 million in cash reserves, zero debt and a cash-flow generative business model, we are well-capitalized and well-positioned to selectively pursue opportunities that may arise in
Show less
Read more
Impact Snapshot
Event Time:
HQI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HQI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HQI alerts
High impacting HireQuest, Inc. news events
Weekly update
A roundup of the hottest topics
HQI
News
- HireQuest's (NASDAQ:HQI) Soft Earnings Don't Show The Whole Picture [Yahoo! Finance]Yahoo! Finance
- HireQuest, Inc. (NASDAQ: HQI) had its price target raised by analysts at Barrington Research from $17.00 to $18.00. They now have an "outperform" rating on the stock.MarketBeat
- HireQuest, Inc. Declares Quarterly DividendAccesswire
- HireQuest, Inc. (NASDAQ:HQI) Shares Could Be 25% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- HireQuest Inc (HQI) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
HQI
Earnings
- 11/7/24 - Miss
HQI
Analyst Actions
- 11/15/24 - Barrington Research
HQI
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- HQI's page on the SEC website