Arq Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ARQ Inc reports robust Q2 earnings amidst market potential

ARQ's Q2 2024 performance reflects strong revenue growth, positive EBITDA, and strategic financial moves, positioning the company for future success.
With a focus on operational improvements, market potential, and financial stability, ARQ is poised to capitalize on opportunities and overcome challenges in the environmental solutions sector.

Arq Inc (ARQ) reports strong Q3 earnings and growth prospects

Arq Inc (ARQ) demonstrated robust financial results in Q3 2024, driven by strong revenue growth and improved profitability across its business segments.
Strategic initiatives in PAC and GAC businesses have positioned the company for future growth and operational excellence.
While facing challenges in execution and market dynamics, Arq Inc remains well-positioned to capitalize on growth opportunities and drive shareholder value.

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Arq, Inc. is a holding company. It engages in the provision of environmental and emission control equipment to the power generation industry. The company operates through the following Segments: Refined Coal and Advanced Purification Technologies. The Refined Coal segment includes the Tinuum Group, Tinuum Services, and GWN Manager. The Advanced Purification Technologies segment refers to the sale of Activated Carbon Injection and Dry Sorbent Injection equipment systems, chemical sales, consulting services, and other sales related to the reduction of emissions in the coal-fired electric generation process and the electric utility industry. The company was founded in 1996 and is headquartered in Greenwood Village, CO.

Arq, Inc. (NASDAQ:ARQ ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Anthony Nathan - Investor and Corporate Relations Robert Rasmus - Chief Executive Officer Stacia Hansen - Chief Accounting Officer Conference Call Participants Gerry Sweeney - ROTH MKM Graham Mattison - Water Tower Research Operator Hello and thank you for standing by. At this time, I'd like to welcome everyone to the Arq Third Quarter 2024 Earnings Call.

Arq, Inc. (ARQ) Q3 2024 Earnings Call Transcript

Arq, Inc. (ARQ) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.07 per share a year ago.

Arq, Inc. (ARQ) Misses Q3 Earnings Estimates

Record PAC revenue and profitability driven by ongoing and sustainable improvements Strategic GAC project at Red River remains on target for first deliveries in Q1 2025 with modular commissioning already underway; capex, timing and contracting advancing in-line with expectations Expect to ramp Red River GAC run-rate to 25 million nameplate by end of Q1 2025; identified potential to increase GAC nameplate capacity by 10-20% with no anticipated additional capex required GREENWOOD VILLAGE, Colo., Nov. 07, 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 quarter ended September 30, 2024.

Arq Reports Third Quarter 2024 Results

Water Tower Research has published an Initiation of Coverage Report on Arq, Inc. (NASDAQ: ARQ) titled, “Significant EBITDA Growth from Execution and Expansion into Faster- Growth Markets.” Water Tower Research has published an Initiation of Coverage Report on Arq, Inc. (NASDAQ: ARQ) titled, “Significant EBITDA Growth from Execution and Expansion into Faster- Growth Markets.”

Water Tower Research Publishes Initiation of Coverage Report on Arq, Inc., “Significant EBITDA Growth from Execution and Expansion into Faster-Growth Markets”

GREENWOOD VILLAGE, Colo., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report. This report builds upon the Company's previously published 2023 ESG Overview Tear Sheet and provides a comprehensive assessment of Arq's ongoing efforts to drive positive environmental impact, employee well-being, and responsible governance.

Arq Publishes its First-Ever ESG Report

GREENWOOD VILLAGE, Colo., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (“Arq” or the “Company”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the pricing of an underwritten public offering of 4,770,000 shares of its common stock, par value $0.001 per share (“common stock”), at a price to the public of $5.25 per share. All of the shares in the offering are being sold by Arq. The gross proceeds to Arq from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $25 million. The offering is expected to close on or about September 23, 2024, subject to customary closing conditions. In addition, Arq has granted the underwriters a 30-day option to purchase up to an additional 715,500 shares of its common stock in the underwritten public offering.

Arq, Inc. Announces Pricing of $25 Million Public Offering of Common Stock

GREENWOOD VILLAGE, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (“Arq” or the “Company”), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.001 per share (“common stock”), for sale in an underwritten public offering. All of the shares in the offering are being offered by Arq. Arq expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock in the underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Arq, Inc. Announces Proposed Public Offering of Common Stock

ARQ shares have experienced a 37.7% drawdown from their 52-week-high to August 5th, driven by fears of potential changes in EPA regulations and a Trump win. ARQ competes in an oligopoly market and stands to benefit from increased demand for granular activated carbon well beyond Municipal Water. The GAC market is undersupplied. ARQ could have upwards of $25 million to $30 million of FY 2025 Adj. EBITDA power and has a lot of future EBITDA power, as its Red River plant can expand.

Whether Or Not Trump Wins In November, Arq Is A $10 Stock

Arq, Inc. (NASDAQ:ARQ ) Q2 2024 Results Earnings Conference Call August 13, 2024 9:00 AM ET Company Participants Anthony Nathan - Investor and Corporate Relations Robert Rasmus - Chief Executive Officer Stacia Hansen - Chief Accounting Officer Conference Call Participants Gerry Sweeney - ROTH MKM Graham Mattison - Water Tower Research Operator Greetings and welcome to the Arq Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Arq, Inc. (ARQ) Q2 2024 Earnings Call Transcript

Arq, Inc. (ARQ) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.21 per share a year ago.

Arq, Inc. (ARQ) Reports Q2 Loss, Tops Revenue Estimates

Ongoing improvement to ASP and profitability of foundational PAC business 52% of Red River's GAC nameplate capacity now contracted nearly six months ahead of first production Red River expansion remains on target for first GAC deliveries in Q1 2025 GREENWOOD VILLAGE, Colo., Aug. 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 quarter ended June 30, 2024.

Arq Reports Second Quarter 2024 Results

GREENWOOD VILLAGE, Colo., Aug. 08, 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 that the Company will attend the following upcoming investor conferences:

Arq to Attend Upcoming Investor Conferences

GREENWOOD VILLAGE, Colo., July 30, 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 the Company expects to release its second quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 after market close on Monday, August 12, 2024. A conference call to discuss the Company's financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, August 13, 2024.

Arq to Host Second Quarter 2024 Conference Call on August 13, 2024

Incremental demand takes total annual contracted volume to 13 million pounds Reflects >50% of nameplate capacity under contract roughly six months ahead of first production GREENWOOD VILLAGE, Colo., July 15, 2024 (GLOBE NEWSWIRE) -- GlobeNewswire - 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 it has secured material incremental contracted volume for the supply of granular activated carbon (GAC) to be produced at its strategic Red River facility.

Arq Contracts Additional Production for its Granular Activated Carbon (GAC) Product

Here is how Arq, Inc. (ARQ) and Maplebear (CART) have performed compared to their sector so far this year.

Is Arq, Inc. (ARQ) Outperforming Other Business Services Stocks This Year?

Here is how Arq, Inc. (ARQ) and GigaCloud Technology Inc. (GCT) have performed compared to their sector so far this year.

Are Business Services Stocks Lagging Arq, Inc. (ARQ) This Year?

Arq, Inc. (ARQ) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Here's Why Arq, Inc. (ARQ) is Poised for a Turnaround After Losing -16.49% in 4 Weeks

Arq, Inc. which specializes in the manufacture of environmental solutions has already generated impressive returns of 137% this year, outperforming the market. The company's granular activated carbon (GAC) portfolio is expected to benefit from new drinking water regulations and a potential supply deficit. Arq's gross margin progress is sustainable, driven by pricing effects with its PAC business, and the potential price-elastic nature of its GAC portfolio.

4 Reasons To Buy Arq Stock

Is Arq, Inc. (ARQ) Stock Outpacing Its Business Services Peers This Year?

Entered Into $15 million PIPE at $7.00 per share, reflecting a roughly 3% discount to yesterday's close Transaction resulted from unsolicited offer from new, accredited institutional investor Bolsters long-term growth strategy, provides additional third-party validation of strategy and prospects GREENWOOD VILLAGE, Colo., May 16, 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 that it has entered into a transaction with a new institutional accredited investor for the issuance and sale of approximately $15 million of common stock (the "PIPE").

Arq Announces $15 Million PIPE Transaction

Arq, Inc. (NASDAQ:ARQ ) Q1 2024 Results Conference Call May 9, 2024 9:00 AM ET Company Participants Anthony Nathan - Head of Investor Relations Robert Rasmus - President and Chief Executive Officer Stacia Hansen - Treasurer and Chief Accounting Officer Conference Call Participants Gerry Sweeney - Roth Capital Mark Silverberg - ICR Operator Good day and welcome to the Arq First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Arq, Inc. (ARQ) Q1 2024 Earnings Call Transcript

Delivered materially improved YoY results in Q1 from PAC margin enhancement Achieved strategic milestone with first GAC contract for 20% of capacity at attractive pricing Red River expansion remains on schedule for first production in Q4 2024; expected payback of 3 years or less GREENWOOD VILLAGE, Colo., May 08, 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 quarter ended March 31, 2024.

Arq Reports First Quarter 2024 Results

Ac hieved critical strategic milestone with the execution of its first supply contract for Granular Activated Carbon ("GAC") product with a new customer

Arq Announces First Supply Contract for its Strategic Granular Activated Carbon (GAC) Facility

Arq (ARQ) is expected to record top and bottom-line growth when it reports first-quarter 2024 results.

Arq (ARQ) Set to Report Q1 Earnings: What's in the Offing?

In the closing of the recent trading day, Arq, Inc. (ARQ) stood at $7.86, denoting a +0.38% change from the preceding trading day.

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