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Stock impact report

Quest Resource Holding Reports First Quarter 2020 Financial Results

Quest Resource Holding Corporation (QRHC) 
Last quest resource holding corporation earnings: 3/12 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.qrhc.com/investors
Company Research Source: GlobeNewswire
THE COLONY, Texas, May 14, 2020 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (NASDAQ: QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced financial results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights Revenue was $25.3 million, a 4.9% decrease compared with the first quarter of 2019.Gross profit was $4.5 million, unchanged compared with the first quarter of 2019.Gross margin increased 90 basis points to 17.9% of revenue, compared with 17.0% for the first quarter of 2019.Net loss per share was $(0.02), compared with $(0.01) during the first quarter of 2019. Adjusted EBITDA was $534,000, compared with $796,000 for the first quarter of 2019. “First quarter’s revenue comparison was impacted by low levels of production in a commodity waste stream at one of our largest industrial customers.  This had negligible impact on gross profit.  Late in the first quarter, we also began to feel the effects of COV Show less Read more
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