Quest Resource Holding Corporation Reports Fourth Quarter and Fiscal Year 2023 Financial Results
THE COLONY, Texas, March 12, 2024 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
- GAAP net loss per diluted share attributable to common stockholders was $(0.11), compared with $(0.17) per diluted share during the fourth quarter of 2022.
- Adjusted EBITDA was $3.5 million, compared with $2.3 million during the fourth quarter of 2022.
- Excluding a cost of revenue adjustment of approximately $1.2 million related to RWS, adjusted EBITDA during the fourth quarter of 2023 would have been approximately $4.6 million.
- Excluding the cost of revenue adjustment for the fourth quarter, adjusted EBITDA during 2023 would have been approximately $17.4 million.