Arq Reports Fourth Quarter & Full Year 2023 Results
GREENWOOD VILLAGE, Colo., March 12, 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 fourth quarter and full year ended December 31, 2023.
- "We delivered fourth quarter results that clearly evidence the improving profitability of our existing business.
- Cost of revenues totaled $14.1 million for the fourth quarter of 2023, compared to $17.5 million in the prior year period.
- Other operating expenses totaled $10.9 million for the fourth quarter of 2023, compared to $9.3 million in the prior year period.
- Interest expense was $0.9 million for the fourth quarter of 2023, compared to $0.1 million in the prior year period.