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0 0 0 0.00190839694656484 0.00763358778625955 0.0572519083969465 0.0533969465648855 0.0229007633587786
Stock impact report

Why Quest Resource (QRHC) Shares Are Sliding Today [Yahoo! Finance]

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: Yahoo! Finance
Shares of waste and recycling services provider Quest Resource (NASDAQ:QRHC) fell 32.2% in the afternoon session after the company reported weak fourth-quarter results as revenue barely grew, missing expectations, and EBITDA declined significantly. The real story was the sharp drop in profitability, with adjusted EBITDA falling by more than half compared to the previous year, weighed down by higher costs, client attrition, and weaker demand in industrial end markets. With earnings pressure mounting, the company announced a 15% workforce reduction and an annualized $3 million cut in operating expenses. The company also named Perry Moss as CEO, signaling a shift in leadership. Overall, this was a disappointing quarter with little revenue growth and weaker earnings. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Quest Resource? Access our full analysis report here, it's free What The Mark Show less Read more
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