Arq Inc (ARQ) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth Initiatives [Yahoo! Finance]
Arq, Inc. (ARQ)
Company Research
Source: Yahoo! Finance
Adjusted EBITDA: Approximately $5.1 million, compared to $800,000 in the prior year period. Net Income: $1.6 million, a significant improvement from a net loss of $2.2 million in Q3 2023. Average Selling Price (ASP): Increased by 15% year-over-year. Cash Position: Total cash of $57.4 million, with approximately $49 million unrestricted. Capital Expenditure (CapEx) Forecast: $60 million to $70 million for 2024, with $20 million to $25 million expected in Q4. Equity Raise: Approximately $26.7 million net proceeds from recent equity raise. Store Locations/Outlets: Not specifically mentioned. Warning! GuruFocus has detected 3 Warning Signs with ARQ. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Arq Inc ( NASDAQ:ARQ ) reported a strong third quarter with record PAC operating revenue of approximately $35 million and adjusted EBITDA of approximately $5 million, exceeding forecasts. Th
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ARQ
News
- Arq, Inc. (NASDAQ: ARQ) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Arq, Inc. (NASDAQ: ARQ) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Arq Reports Third Quarter 2024 ResultsGlobeNewswire
- Arq to Host Third Quarter 2024 Conference Call on November 7, 2024GlobeNewswire
- Water Tower Research Publishes Initiation of Coverage Report on Arq, Inc., “Significant EBITDA Growth from Execution and Expansion into Faster-Growth Markets” [Yahoo! Finance]Yahoo! Finance
ARQ
Earnings
- 11/7/24 - Miss
ARQ
Sec Filings
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- ARQ's page on the SEC website